N.Y. General Business Law § 110: Negotiation of warehouse receipt for goods subject to security interest or lien

§ 110. Negotiation of warehouse receipt for goods subject to security

interest or lien. Any person who deposits with a warehouseman goods to

which he has no title, or which are subject to a security interest, or

upon which there is a lien, and who takes for such goods a negotiable

warehouse receipt which he afterward 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.