Section 482.47 - Bills; negotiation without title, penalty. - Michigan Statutes

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Statutes > Michigan > Chapter-482 > Act-165-of-1911 > Section-482-47

UNIFORM BILLS OF LADING ACT (EXCERPT)
Act 165 of 1911

482.47 Bills; negotiation without title, penalty.

Sec. 47.

Any person who ships goods to which he has not title, or upon which there is a lien or mortgage, and who takes for such goods a negotiable bill which he afterwards negotiates for value with intent to deceive and without disclosing his want of title or the existence of the lien or mortgage, shall be guilty of a crime, and upon conviction shall be punished for each offense by imprisonment not exceeding 1 year, or by a fine not exceeding 1,000 dollars, or by both.

History: 1911, Act 165, Eff. Aug. 1, 1911 ;-- CL 1915, 8220 ;-- CL 1929, 11562 ;-- CL 1948, 482.47

State Codes and Statutes

Statutes > Michigan > Chapter-482 > Act-165-of-1911 > Section-482-47

UNIFORM BILLS OF LADING ACT (EXCERPT)
Act 165 of 1911

482.47 Bills; negotiation without title, penalty.

Sec. 47.

Any person who ships goods to which he has not title, or upon which there is a lien or mortgage, and who takes for such goods a negotiable bill which he afterwards negotiates for value with intent to deceive and without disclosing his want of title or the existence of the lien or mortgage, shall be guilty of a crime, and upon conviction shall be punished for each offense by imprisonment not exceeding 1 year, or by a fine not exceeding 1,000 dollars, or by both.

History: 1911, Act 165, Eff. Aug. 1, 1911 ;-- CL 1915, 8220 ;-- CL 1929, 11562 ;-- CL 1948, 482.47

State Codes and Statutes

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State Codes and Statutes

Statutes > Michigan > Chapter-482 > Act-165-of-1911 > Section-482-47

UNIFORM BILLS OF LADING ACT (EXCERPT)
Act 165 of 1911

482.47 Bills; negotiation without title, penalty.

Sec. 47.

Any person who ships goods to which he has not title, or upon which there is a lien or mortgage, and who takes for such goods a negotiable bill which he afterwards negotiates for value with intent to deceive and without disclosing his want of title or the existence of the lien or mortgage, shall be guilty of a crime, and upon conviction shall be punished for each offense by imprisonment not exceeding 1 year, or by a fine not exceeding 1,000 dollars, or by both.

History: 1911, Act 165, Eff. Aug. 1, 1911 ;-- CL 1915, 8220 ;-- CL 1929, 11562 ;-- CL 1948, 482.47