Section 45. A 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 afterward negotiates for value with intent to deceive, and without disclosing his want of title or the existence of the lien or mortgage, shall be punished by a fine of not more than one thousand dollars or by imprisonment for not more than one year, or both.
Structure Massachusetts General Laws
Part I - Administration of the Government
Title XV - Regulation of Trade
Chapter 108 - Criminal Offences Relative to Bills of Lading
Section 42 - Fraudulent Issuance or Aiding in Issuance; Penalty; Bill of Lading Defined
Section 43 - False Statement in Bill
Section 44 - Issuance of Unmarked Duplicate Bill
Section 45 - Negotiation of Bill for Goods Subject to Mortgage or Lien
Section 46 - Negotiation or Transfer of Bill When Goods Not in Carrier's Possession
Section 47 - Inducing Carrier to Issue Bill When Goods Have Not Been Received