A warehouseman or any officer, agent, or servant of a warehouseman who delivers goods out of the possession of the warehouseman without obtaining the possession of the receipt at or before the time of the delivery, knowing that a negotiable receipt, the negotiation of which would transfer the right to the possession of the goods, is outstanding and uncancelled 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 4 - Warehouse Receipts
§ 4-59-401. Issuance of receipt for goods not received or controlled
§ 4-59-402. Fraudulent issuance of receipt containing false statement
§ 4-59-403. Issuance of duplicate receipt not so marked
§ 4-59-404. Issuance of receipt for goods owned by warehouseman without statement of ownership
§ 4-59-405. Delivering goods without obtaining negotiable receipt