Maine statute
17 M.R.S. § 1664 — Negotiation of bill for mortgaged goods
Current through First Special Session of the 132nd Maine Legislature (current through October 1, 2025)
Part of Subchapter 2: Commercial Frauds, Maine Revised Statutes.
Full text of 17 M.R.S. § 1664
Statutory text current through the First Special Session of the 132nd Maine Legislature (current through October 1, 2025). This publication reproduces the statutory text of the Maine Revised Statutes from the Revisor of Statutes' official published files; it is not the official statutes of the State of Maine and has not been certified by the Secretary of State.
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 a fine of not more than $1,000 or by imprisonment for not more than 11 months, or by both.
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