Michigan § 443.55 - Warehouse receipts; negotiation by depositor without title, penalty.
Full text of Michigan Michigan Compiled Laws § 443.55 — Warehouse receipts; negotiation by depositor without title, penalty., with citation guidance and answers to common questions.
§ 443.55. Warehouse receipts; negotiation by depositor without title, penalty.
Any person who deposits goods to which he has not title, or upon which there is a lien or mortgage, and who takes for such goods a negotiable receipt 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.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 443.55
What does Michigan Compiled Laws § 443.55 cover?
Section 443.55 ("Warehouse receipts; negotiation by depositor without title, penalty.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 443.55?
A common citation format is "Michigan Compiled Laws § 443.55" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 443.55 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.