§1664. Negotiation of bill for mortgaged goods
Any person who ships goods to which he has not title, or upon which there is a lien or mortgage, and who takes for such goods a negotiable bill which he afterwards negotiates for value with intent to deceive and without disclosing his want of title or the existence of the lien or mortgage, shall be guilty of a crime, and upon conviction shall be punished for each offense by a fine of not more than $1,000 or by imprisonment for not more than 11 months, or by both.
Structure Maine Revised Statutes
Chapter 59: FRAUD AND FALSE PRETENSES
Subchapter 2: COMMERCIAL FRAUDS
17 §1661. Issue of bill for goods not received
17 §1662. Issue of bill containing false statement
17 §1663. Issue of duplicate bills not so marked
17 §1664. Negotiation of bill for mortgaged goods
17 §1665. Negotiation of bill when not in carrier's possession
17 §1666. Inducing carrier to issue bill when goods not received