New York General Business Law Section 95 - Bill of lading or receipt issued by warehouseman must be canceled on redelivery of the property.

95. Bill of lading or receipt issued by warehouseman must be canceled on redelivery of the property. A person mentioned in section ninety, who delivers to another any merchandise for which a bill of lading, receipt or voucher has been issued, unless such bill of lading, receipt or voucher bears upon its face the words, "not negotiable," plainly written or stamped, or unless such receipt is surrendered to be canceled at the time of such delivery or a bond, undertaking, letter of guarantee or indemnity is given in lieu thereof at the time of such delivery, or unless, in case of a partial delivery, a memorandum thereof is endorsed upon such bill of lading, receipt or voucher, is guilty of a misdemeanor.


Last modified: February 3, 2019