Maryland Statutes
Subtitle 2 - Bills of Lading
Section 18-207 - Negotiation of Bill of Lading for Mortgaged Goods and Goods of Others

A person may not ship goods to which he has no title or on which there is a lien or security interest and transfer a negotiable bill of lading for the goods for value:
        (1)    With intent to defraud; and
        (2)    Without disclosing his lack of title or the existence of the lien or security interest.

Structure Maryland Statutes