N.Y. General Business Law § 101: Negotiation of bill of lading for goods subject to security interest or lien

§ 101. Negotiation of bill of lading for goods subject to security

interest or lien. Any person who ships goods to which he has not title,

or which are subject to a security interest, or upon which there is a

lien, and who takes for such goods a negotiable bill of lading which he

afterwards negotiates for value with intent to deceive and without

disclosing his want of title or the existence of the security interest

or lien, shall be guilty of a misdemeanor.