CHAPTER 708
UNIFORM WAREHOUSE RECEIPTS ACT

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.

PARTS I, II, III


      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 Sections 40-2 to 40-50, inclusive, are repealed.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.)

PART IV
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.

      (1949 Rev., S. 6535.)

      "Field storage warehousing" valid under New York law. 90 C. 415.

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      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.

      (1949 Rev., S. 6536.)

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      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 (a) 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.

      (1949 Rev., S. 6537; 1959, P.A. 574, S. 1; P.A. 04-64, S. 73.)

      History: 1959 act added the words "stolen" and "subsection (1) of section 42a-7-601"; P.A. 04-64 made a technical change.

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      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.

      (1949 Rev., S. 6538.)

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      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 (a) of section 42a-7-601, or in case of good faith delivery upon the posting of security as provided in subsection (b) 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.

      (1949 Rev., S. 6539; 1959, P.A. 574, S. 2; P.A. 04-64, S. 74.)

      History: 1959 act amended this section to conform to the Uniform Commercial Code; P.A. 04-64 made technical changes.

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      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. 6540.)

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PART V
INTERPRETATION

      Secs. 40-57 to 40-59. Interpretation. Sections 40-57 to 40-59, inclusive, are repealed.

      (1949 Rev., S. 6541-6543; 1959, P.A. 133, S. 10-102.)

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