Section 251.003 - Warehouseman Failing to State Warehouseman's Ownership of Goods on Receipt(a) A warehouseman may not knowingly issue a negotiable warehouse receipt describing goods the warehouseman owns, whether solely, jointly, or in common, and is storing, unless the warehouseman states the warehouseman's ownership of the goods on the receipt.(b) A warehouseman who violates this section commits an offense. An offense under this section is a misdemeanor punishable by: (1) confinement in the county jail for a term of not more than one year; or(2) a fine not to exceed $1,000.Tex. Bus. and Comm. Code § 251.003
Added by Acts 2007, 80th Leg., R.S., Ch. 885, Sec. 2.01, eff. 4/1/2009.