{"data":{"id":"us-tx/tex.-business-commerce-code-251.003","jurisdiction":"us-tx","citation":"Tex. Business \u0026 Commerce Code § 251.003","heading":"WAREHOUSEMAN FAILING TO STATE WAREHOUSEMAN'S OWNERSHIP OF GOODS ON RECEIPT.","body":"(a) A warehouseman may not knowingly issue a negotiable warehouse receipt describing goods the warehouseman owns, whether solely, jointly, or in common, and is storing, unless the warehouseman states the warehouseman's ownership of the goods on the receipt.\n(b) A warehouseman who violates this section commits an offense. An offense under this section is a misdemeanor punishable by:\n(1) confinement in the county jail for a term of not more than one year; or\n(2) a fine not to exceed $1,000.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.","path":["BUSINESS AND COMMERCE CODE","TITLE 7. RECEIPTS, DOCUMENTS OF TITLE, AND OTHER INSTRUMENTS","CHAPTER 251. WAREHOUSE RECEIPTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BC/htm/BC.251.htm#251.003","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:56Z","sha256":"db60aaab6b16b5383a7e763bb0f74c9c3c665c92f7a7bf96ae1cca42e59bbed8","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-commerce-code-251.002","next":"us-tx/tex.-business-commerce-code-251.004"},"notice":"GroundRules: Original legal text. Not legal advice."}