Missouri Laws 411.651 – Fraudulent deposit of grain and negotiation of receipt — penalty
Current as of: 2024 | Check for updates
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Terms Used In Missouri Laws 411.651
- Conviction: A judgement of guilt against a criminal defendant.
- Department: the Missouri department of agriculture. See Missouri Laws 411.026
- Grain: all grains for which standards have been established under the United States Grain Standards Act (Sections 71 to 87 of Title 7, United States Code), and any other agricultural commodities, seeds and vegetable oils prescribed by the director by regulation, except the term "grain" shall not include those commodities deemed not to be grain pursuant to section 411. See Missouri Laws 411.026
- 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.
- Person: means and includes any individual, firm, partnership, exchange, association, trustee, receiver, corporation, cooperative, society, public body, political subdivision, or any other business or commercial entity or organization of any kind whatsoever, and any member, officer or employee thereof. See Missouri Laws 411.026
- Receipt: a grain warehouse receipt, whether negotiable or nonnegotiable, issued under this chapter. See Missouri Laws 411.026
Any person who deposits grain to which he has not title, or upon which there is a lien or mortgage, and who takes for the grain a negotiable receipt which he afterward negotiated for value with intent to defraud, or without disclosing his want of title, or the existence of the lien or mortgage, is guilty of a crime, and upon conviction shall be punished for each offense by imprisonment by the department of corrections and human resources not exceeding five years, or by a fine not exceeding five thousand dollars, or both.