Sec. 48.
Any person who with intent to deceive negotiates or transfers for value a bill knowing that any or all of the goods which by the terms of such bill appear to have been received for transportation by the carrier which issued the bill, are not in the possession or control of such carrier, or of a connecting carrier, without disclosing this fact, shall be guilty of a crime, and upon conviction shall be punished for each offense by imprisonment not exceeding 5 years, or by a fine not exceeding 5,000 dollars, or by both.
History: 1911, Act 165, Eff. Aug. 1, 1911 ;-- CL 1915, 8221 ;-- CL 1929, 11563 ;-- CL 1948, 482.48
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Section 482.1-482.43 - Repealed. 1962, Act 174, Eff.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Section 482.51-482.56 - Repealed. 1962, Act 174, Eff.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.