2022 Indiana Code
Title 26. Commercial Law
Article 3. Warehouses
Chapter 4. Illegal Issuance of Receipts
26-3-4-2. Transfer of Purported Warehouse Receipt With Knowledge of Nonexistence of Warehouse or Nonexistence of Goods

Universal Citation:
IN Code § 26-3-4-2 (2022)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

Sec. 2. It shall be unlawful for any corporation, firm, limited liability company, or person, their agents or employees, to issue, sell, pledge, assign or transfer, in this state, any receipt, certificate or other written instrument for goods, wares or merchandise claimed to be stored or deposited in any warehouse, public or private, in any other state, knowing that there is no such warehouse located at the place named in such receipt, certificate or other written instrument, or if there be a warehouse at such place, knowing that there are no goods, wares or merchandise stored or deposited in the warehouse as specified in such report, certificate or other written instrument.

Formerly: Acts 1897, c.124, s.2. As amended by P.L.8-1993, SEC.406; P.L.136-2018, SEC.143.

Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.