MARVIN MANDEL, Governor

677

§7-402 OF THIS ARTICLE:

(1)      WITH INTENT TO DEFRAUD; AND

(2)         WITH KNOWLEDGE THAT THE ORIGINAL BILL OF
LADING FOR THE GOODS IS OUTSTANDING AND UNCANCELLED.

REVISOR'S NOTE: This section is new language derived
without substantive change from Art. 14, §46.

The reference to "§7" of Art. 14, which does
not presently exist, is corrected to refer to
its successor statute, §7—402 of present Art.
95B, now contained in §7—402 of this article.

The penalty provisions of present §46 now
appear in §18—401 of this title.

18-203. NEGOTIATION OF BILL OF LADING WHEN GOODS NOT IN
CARRIER'S POSSESSION.

A PERSON MAY NOT NEGOTIATE OR TRANSFER FOR VALUE A
BILL OF LADING:

(1)      WITH INTENT TO DEFRAUD;

(2)       WITH KNOWLEDGE THAT ANY OF THE GOODS
WHICH APPEAR BY THE TERMS OF THE BILL OF LADING TO HAVE
BEEN RECEIVED FOR TRANSPORTATION BY THE CARRIER WHICH
ISSUED THE BILL OF LADING ARE NOT IN THE POSSESSION OR
CONTROL OF THE CARRIER OR A CONNECTING CARRIER; AND

(3)       WITHOUT DISCLOSING THE LACK OF POSSESSION
AND CONTROL.

REVISOR'S NOTE: This section is new language derived
without substantive change from Art. 14, §48.

The penalty provisions of present §48 now
appear in §18—401 of this title.

18-204. INDUCING CARRIER TO ISSUE BILL OF LADING FOR
GOODS NOT RECEIVED.

A PERSON MAY NOT SECURE THE ISSUANCE BY A CARRIER OF
A BILL OF LADING BY INDUCING AN OFFICER, AGENT, OR
EMPLOYEE OF THE CARRIER TO BELIEVE FALSELY THAT THE GOODS
WERE RECEIVED BY THE CARRIER OR ARE UNDER ITS CONTROL:

(1) WITH INTENT TO DEFRAUD; AND

(2) WITH KNOWLEDGE THAT, AT THE TIME THE BILL
OF LADING IS ISSUED, ANY OF THE GOODS DESCRIBED IN THE
BILL OF LADING AS RECEIVED FOR TRANSPORTATION: