(a) A warehouseman may not knowingly deliver goods that are described in a negotiable warehouse receipt and stored with the warehouseman, unless the receipt is surrendered to the warehouseman at or before the time the warehouseman delivers the goods.
(b) This section does not apply if the goods are:
(1) delivered under a court order on proof that the negotiable warehouse receipt describing the goods was lost or destroyed;
(2) lawfully sold to satisfy a warehouseman’s lien; or
(3) disposed of because of the perishable or hazardous nature of the goods.

(c) 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;
(2) a fine not to exceed $1,000; or
(3) both the fine and confinement.