Any person who ships goods to which he or she does not have title or upon which there is a lien or mortgage and who takes for such goods a negotiable bill which he or she afterwards negotiates for value with intent to deceive and without disclosing his or her want of title or the existence of the lien or mortgage shall be guilty of a Class A misdemeanor.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 5 - Contracts, Notes, and Other Commercial Instruments
Subchapter 3 - Bills of Lading
§ 4-59-301. Issuance of bill for goods not received
§ 4-59-302. Issuance of bill containing false statement
§ 4-59-303. Issuance of duplicate bills not so marked
§ 4-59-304. Issuance of nonnegotiable bill not so marked
§ 4-59-305. Inducing carrier to issue bill when goods have not been received
§ 4-59-306. Negotiation of bill for unowned or mortgaged goods
§ 4-59-307. Negotiation of bill when goods are not in carrier's possession