Warehouseman hiding own ownership of goods
Official text prohibited actmental stateif conditionpenaltylegal term
Where there are deposited with or held by a warehouseman goods of which he is owner either solely or jointly or in common with others such warehouseman or any of his officers, agents, or servants who knowing of this ownership issues or aids in issuing a negotiable document of title for such goods which does not state such ownership, shall be guilty of a crime and upon conviction shall be punished for each offense by imprisonment not exceeding one year or by a fine not exceeding one thousand dollars ($1,000) or by both.
History: Added by Stats. 1963, Ch. 819.
Simplified explanation
A warehouseman, or its officers, agents, or servants, who knowingly issues a negotiable document of title for goods the warehouseman owns without stating that ownership is punishable by up to one year, a $1,000 fine, or both.