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Current as of January 01, 2025 | Updated by Findlaw Staff
Subdivision 1. Elements of crime; exception.If:
(1) a warehouse operator, or an officer, agent, or employee of a warehouse operator, delivers goods out of the possession of the warehouse operator;
(2) the deliverer knows that a negotiable receipt is outstanding and uncanceled and that if the receipt were negotiated it would transfer the right to possess the goods; and
(3) the deliverer does not get possession of the receipt at or before the delivery;
then the deliverer is guilty of a crime, unless the delivery is permitted by law.
Subd. 2. Penalty.Whoever commits the crime described in subdivision 1 may be sentenced for each offense to imprisonment for not more than 364 days or to payment of a fine of not more than $3,000, or both.
Cite this article: FindLaw.com - Minnesota Statutes Farm Products, Commercial Practices (Ch. 223-236A) § 227.54. Delivery of goods without getting negotiable receipt - last updated January 01, 2025 | https://codes.findlaw.com/mn/farm-products-commercial-practices-ch-223-236a/mn-st-sect-227-54/
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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