Tex. Bus. & Com. Code § 251.005

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 251.005 - Warehouseman Issuing Duplicate or Additional Warehouse Receipt
(a) A warehouseman may not issue a duplicate or additional negotiable warehouse receipt for goods if the warehouseman knows at the time of issuance that a previously issued negotiable warehouse receipt describing the goods is outstanding and uncanceled.
(b) This section does not apply if:
(1) the word "duplicate" is plainly placed on the duplicate or additional negotiable warehouse receipt; or
(2) goods described in the outstanding and uncanceled negotiable warehouse receipt were delivered under a court order on proof that the receipt was lost or destroyed.
(c) A warehouseman who violates this section commits an offense. An offense under this section is a felony punishable by:
(1) imprisonment in the Texas Department of Criminal Justice for a term of not more than five years;
(2) a fine not to exceed $5,000; or
(3) both the fine and imprisonment.

Tex. Bus. and Comm. Code § 251.005

Added by Acts 2007, 80th Leg., R.S., Ch. 885, Sec. 2.01, eff. 4/1/2009.