New York Consolidated Laws, General Business Law - GBS § 110. Negotiation of warehouse receipt for goods subject to security interest or lien

Any person who deposits with a warehouseman goods to which he has no title, or which are subject to a security interest, or upon which there is a lien, and who takes for such goods a negotiable warehouse receipt which he afterward negotiates for value with intent to deceive and without disclosing his want of title or the existence of the security interest or lien, shall be guilty of a misdemeanor.