Effective - 28 Aug 1965
411.651. Fraudulent deposit of grain and negotiation of receipt — penalty. — 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.
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(L. 1965 p. 606)