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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) A person, on the person's own behalf or on behalf of another, who receives, accepts, or takes in trust from another a warehouse or elevator receipt, bill of lading, or document giving, or purporting to give, title to, or the right to possession of, goods, wares, merchandise, or other personal property, subject to a written contract expressing the terms and conditions of the trust, may not fail to fulfill in good faith the terms and conditions of the trust.
(b) A person who violates this section is guilty of a misdemeanor and on conviction is subject to imprisonment not less than 1 year and not exceeding 10 years or a fine not less than $500 and not exceeding $5,000 or both.
(c) A person who violates this section is subject to § 5-106(b) of the Courts Article.
Cite this article: FindLaw.com - Maryland Code, Criminal Law § 8-406 - last updated January 01, 2025 | https://codes.findlaw.com/md/criminal-law/md-code-crim-law-sect-8-406/
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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