2006 New York Code - 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.