Texas Business & Commerce Code - Section 35.33. Failing To Disclose Ownership Of Goods
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Texas Lawyer > Business & Commerce Code > Texas Business & Commerce Code - Section 35.33. Failing To Disclose Ownership Of Goods
§ 35.33. FAILING TO DISCLOSE OWNERSHIP OF GOODS. (a) A
person who obtains a negotiable warehouse receipt describing goods
he does not own, or goods subject to a lien, may not with intent to
defraud negotiate the receipt for value without disclosing his lack
of ownership or the lien's existence.
(b) A person who violates a provision of Subsection (a) of
this section is guilty of a misdemeanor and upon conviction is
punishable by imprisonment in the county jail for not more than one
year or by a fine of not more than $1,000 or by both.
Acts 1967, 60th Leg., p. 2343, ch. 785, § 1.
Section: 35.21 35.27 35.28 35.29 35.30 35.31 35.32 35.33 35.39 35.395 35.40 35.41 35.42 35.44 35.45
Last modified: August 10, 2007
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