Texas Business & Commerce Code

§ 251.002 — WAREHOUSEMAN ISSUING FRAUDULENT WAREHOUSE RECEIPT

BC § 251.002Title 7. RECEIPTS, DOCUMENTS OF TITLE, AND OTHER INSTRUMENTS · Ch. 251. WAREHOUSE RECEIPTS

(a)A warehouseman may not, with intent to defraud, issue a warehouse receipt that contains a false statement.

(b)A warehouseman who violates this section commits an offense. An offense under this section is a misdemeanor punishable by:

(1)confinement in the county jail for a term of not more than one year;

(2)a fine not to exceed $1,000; or

(3)both the fine and confinement.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.