2025 Session
Last amended: 1988 session
§ 228.51 — Issuing a Nonnegotiable Bill Not so Marked
Plain-Language Summary
It is a crime to issue a nonnegotiable bill of lading without clearly marking it as 'not negotiable' on its face, if done with intent to defraud. This is a felony-level offense.
228.51 ISSUING A NONNEGOTIABLE BILL NOT SO MARKED.
§
Subdivision 1.Elements of crime.
A person who with intent to defraud issues or helps to issue a nonnegotiable bill without putting the words “not negotiable” plainly on the face of the bill, is guilty of a crime. §
Subd. 2.Penalty.
Whoever commits the crime described in subdivision 1 may be sentenced for each offense to imprisonment for not more than five years or to payment of a fine of not more than $10,000, or both.
History:
(5008) 1917 c 399 s 50; 1984 c 628 art 3 s 11; 1988 c 469 art 4 s 1
History: History: (5008) 1917 c 399 s 50; 1984 c 628 art 3 s 11; 1988 c 469 art 4 s 1
Practical Notes
A conviction can result in up to 5 years in prison and a fine of up to $10,000 per offense. Nonnegotiable bills must be clearly labeled to prevent them from being fraudulently treated as negotiable instruments.