# Commercial Law (GCL)

## Title 18. Bills of Lading and Warehouse Receipts -- Criminal Provisions

### Subtitle 3. Warehouse Receipts

#### Section 18-306

A person may not deposit goods to which he has no title or on which there is a lien or security interest and take a negotiable warehouse receipt for the goods and negotiate it for value:

(1) With intent to defraud; and

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

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Md. Code Ann., Com. Law (as displayed at mgaleg.maryland.gov, October 16, 2026)