Sec. 47.
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 imprisonment not exceeding 1 year, or by a fine not exceeding 1,000 dollars, or by both.
History: 1911, Act 165, Eff. Aug. 1, 1911 ;-- CL 1915, 8220 ;-- CL 1929, 11562 ;-- CL 1948, 482.47
Structure Michigan Compiled Laws
Act 165 of 1911 - Uniform Bills of Lading Act (482.1 - 482.56)
Section 482.1-482.43 - Repealed. 1962, Act 174, Eff. Jan. 1, 1964.
Section 482.44 - Bills; Issuance for Goods Not Received, Penalty.
Section 482.45 - Bills; False Statement, Penalty.
Section 482.46 - Bills; Issuance of Duplicate Not So Marked, Penalty.
Section 482.47 - Bills; Negotiation Without Title, Penalty.
Section 482.48 - Bills; Negotiation When Goods Not in Carrier's Possession, Penalty.
Section 482.49 - Bills; Inducing Carrier to Issue When Goods Have Not Been Received, Penalty.
Section 482.50 - Bills; Issuance of Non-Negotiable Bill Not So Marked, Penalty.
Section 482.51-482.56 - Repealed. 1962, Act 174, Eff. Jan. 1, 1964.