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§ 18-203. Negotiations and transfers prohibited

West's Annotated Code of MarylandCommercial Law

West's Annotated Code of Maryland
Commercial Law
Title 18. Bills of Lading and Warehouse Receipts--Criminal Provisions
Subtitle 2. Bills of Lading (Refs & Annos)
MD Code, Commercial Law, § 18-203
§ 18-203. Negotiations and transfers prohibited
A person may not negotiate or transfer for value a bill of lading:
(1) With intent to defraud;
(2) With knowledge that any of the goods which appear by the terms of the bill of lading to have been received for transportation by the carrier which issued the bill of lading are not in the possession or control of the carrier or a connecting carrier; and
(3) Without disclosing the lack of possession and control.

Credits

Added by Acts 1975, c. 49, § 3, eff. July 1, 1975.
Formerly Art. 14, § 48.
MD Code, Commercial Law, § 18-203, MD COML § 18-203
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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