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§ 18-305. Deliveries 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 3. Warehouse Receipts (Refs & Annos)
MD Code, Commercial Law, § 18-305
§ 18-305. Deliveries prohibited
Currentness
Except as provided by § 7-601 of this article, a warehouseman or his officer, agent, or employee may not deliver goods out of the possession of the warehouseman:
(1) With knowledge that a negotiable warehouse receipt, the negotiation of which would transfer the right to the possession of the goods, is outstanding and uncancelled; and
(2) Without obtaining the possession of the warehouse receipt at or before the time of the delivery.

Credits

Added by Acts 1975, c. 49, § 3, eff. July 1, 1975.
Formerly Art. 14A, § 54.
MD Code, Commercial Law, § 18-305, MD COML § 18-305
Current through legislation effective through June 1, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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