(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.

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Terms Used In Texas Business and Commerce Code 251.003