Kansas Statutes 34-295. Negotiation of receipt for grain not owned or encumbered grain with intent to defraud; penalty
Current as of: 2023 | Check for updates
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Terms Used In Kansas Statutes 34-295
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
Any person who takes a negotiable receipt for grain for which the person does not have title or upon which there is a lien or mortgage and who negotiates the receipt for value with intent to defraud or without disclosing the person’s lack of title or the existence of the lien or mortgage is guilty of a severity level 10, nonperson felony.