228.48 NEGOTIATING BILL WITHOUT CLEAR TITLE TO GOODS. Subdivision 1. Elements of crime. If: (1) a person ships goods without having title to the goods or with a lien or mortgage on them; (2) the person takes a negotiable bill for the goods; and (3) the person later negotiates the bill for value with intent to deceive and without disclosing the lack of title or the existence of the lien or mortgage; then the person is guilty of a crime. Subd. 2. Penalty. Whoever commits the crime described in subdivision 1 may be sentenced for each offense to imprisonment for not more than 364 days or to payment of a fine of not more than $3,000, or both. History: (5005) 1917 c 399 s 47; 1984 c 628 art 3 s 11; 1986 c 444; 1988 c 469 art 4 s 1; 2023 c 52 art 6 s 16
Minnesota Legal Code