Except as provided by § 7-601 of this article, a warehouseman or his officer, agent, or employee may not deliver goods out of the possession of the warehouseman:
(1) With knowledge that a negotiable warehouse receipt, the negotiation of which would transfer the right to the possession of the goods, is outstanding and uncancelled; and
(2) Without obtaining the possession of the warehouse receipt at or before the time of the delivery.
Structure Maryland Statutes
Title 18 - Bills of Lading and Warehouse Receipts -- Criminal Provisions
Subtitle 3 - Warehouse Receipts
Section 18-301 - Issuance of Warehouse Receipt for Goods Not Received
Section 18-302 - Issuance of Duplicate Warehouse Receipt Not So Marked
Section 18-303 - Issuance of Warehouse Receipt Containing False Statement
Section 18-305 - Delivery of Goods Without Obtaining Negotiable Warehouse Receipt
Section 18-306 - Negotiation of Warehouse Receipt for Mortgaged Goods and Goods of Others