§ 40.51

A warehouseman, or any officer, agent or servant of a warehouseman, who issues or aids in issuing a receipt knowing that the goods for which such receipt is issued have not been actually received by such warehouseman, or are not under his actual control at the time of issuing such receipt, shall, for each offense, be guilty of a class D felony.(1949 Rev., S. 6535; P.A. 13-258, S. 101.)History: P.A. 13-258 changed penalty from fine of not more than $5,000 or imprisonment of not more than 5 years to a class D felony.'Field storage warehousing' valid under New York law. 90 C. 415.