Table of Contents
Secs. 40-2 to 40-50. Uniform Warehouse Receipts Act.
Sec. 40-51. Issue of receipt for goods not received.
Sec. 40-52. Issue of receipt containing false statement.
Sec. 40-53. Issue of duplicate receipts not so marked.
Sec. 40-54. Issue for warehouseman's goods of receipt which does not state ownership.
Sec. 40-55. Delivery of goods without obtaining negotiable receipt.
Sec. 40-56. Negotiation of receipt for mortgaged goods.
Secs. 40-57 to 40-59. Interpretation.
Secs. 40-2 to 40-50. Uniform Warehouse Receipts Act. Sections 40-2 to 40-50,
inclusive, are repealed.
(1949 Rev., S. 6486−6534; 1959, P.A. 133, S. 10-102.)
See title 42a, article 7 re warehouse receipts, bills of lading and other documents of title.
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CRIMINAL OFFENSES
Sec. 40-51. Issue of receipt for goods not received. A warehouseman, or any
officer, agent or servant of a warehouseman, who issues or aids in issuing a receipt
knowing that the goods for which such receipt is issued have not been actually received
by such warehouseman, or are not under his actual control at the time of issuing such
receipt, shall, for each offense, be fined not more than five thousand dollars or imprisoned not more than five years or both. Sec. 40-52. Issue of receipt containing false statement. A warehouseman or any
officer, agent or servant of a warehouseman, who fraudulently issues or aids in fraudulently issuing a receipt for goods knowing that it contains any false statement, shall, for
each offense, be fined not more than one thousand dollars or imprisoned not more than
one year or both. Sec. 40-53. Issue of duplicate receipts not so marked. A warehouseman, or any
officer, agent or servant of a warehouseman, who issues or aids in issuing a duplicate
or additional negotiable receipt for goods knowing that a former negotiable receipt for
the same goods or any part of them is outstanding and uncancelled, without plainly
placing upon the face thereof the word "Duplicate", except in the case of a lost, stolen
or destroyed receipt after proceedings as provided for in subsection (1) of section 42a-
7-601, shall, for each offense, be fined not more than five thousand dollars or imprisoned
not more than five years or both. Sec. 40-54. Issue for warehouseman's goods of receipt which does not state
ownership. Where there are deposited with or held by a warehouseman goods of which
he is owner, either solely, jointly or in common with others, such warehouseman or any
of his officers, agents or servants, who, knowing this ownership, issues or aids in issuing
a negotiable receipt for such goods which does not state such ownership, shall, for each
offense, be fined not more than one thousand dollars or imprisoned not more than one
year or both. Sec. 40-55. Delivery of goods without obtaining negotiable receipt. A warehouseman, or any officer, agent or servant of a warehouseman, who delivers goods
out of the possession of such warehouseman, knowing that a negotiable receipt the
negotiation of which would transfer the right to the possession of such goods is outstanding and uncancelled, without obtaining the possession of such receipt at or before the
time of such delivery, shall, except in the cases provided for in subsection (1) of section
42a-7-601, or in case of good faith delivery upon the posting of security as provided in
subsection (2) of said section, or after compliance with section 42a-7-210, be fined not
more than one thousand dollars or imprisoned not more than one year or both. Sec. 40-56. Negotiation of receipt for mortgaged goods. Any person who deposits goods to which he has not title, or upon which there is a lien or mortgage, and who
takes for such goods a negotiable receipt which he afterwards negotiates for value with
intent to deceive and without disclosing his want of title or the existence of the lien
or mortgage, shall, for each offense, be fined not more than one thousand dollars or
imprisoned not more than one year or both.
(1949 Rev., S. 6535.)
"Field storage warehousing" valid under New York law. 90 C. 415.
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(1949 Rev., S. 6536.)
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(1949 Rev., S. 6537; 1959, P.A. 574, S. 1.)
History: 1959 act added the words "stolen" and "subsection (1) of section 42a-7-601."
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(1949 Rev., S. 6538.)
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(1949 Rev., S. 6539; 1959, P.A. 574, S. 2.)
History: 1959 act amended this section to conform to the Uniform Commercial Code.
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(1949 Rev., S. 6540.)
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INTERPRETATION