Md. Code, Com. § 18-207

Current with changes from the 2024 Legislative Session

Section 18-207 - Negotiation of bill of lading for mortgaged goods and goods of others

A person may not ship goods to which he has no title or on which there is a lien or security interest and transfer a negotiable bill of lading for the goods for value:

(1) With intent to defraud; and

(2) Without disclosing his lack of title or the existence of the lien or security interest.

Md. Code, CL § 18-207