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Maryland Code, Commercial Law § 18-306

Current as of January 01, 2025 | Updated by Findlaw Staff

A person may not deposit goods to which he has no title or on which there is a lien or security interest and take a negotiable warehouse receipt for the goods and negotiate it for value:

(1) With intent to defraud; and

(2) Without disclosing his lack of title or the existence of the lien or security interest.

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Cite this article: FindLaw.com - Maryland Code, Commercial Law § 18-306 - last updated January 01, 2025 | https://codes.findlaw.com/md/commercial-law/md-code-coml-sect-18-306/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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