§ 18-305
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/md/commercial-law/18-305A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§18–305.
Except as provided by § 7-601 of this article, a warehouseman or his officer, agent, or employee may not deliver goods out of the possession of the warehouseman:
(1)With knowledge that a negotiable warehouse receipt, the negotiation of which would transfer the right to the possession of the goods, is outstanding and uncancelled; and
(2)Without obtaining the possession of the warehouse receipt at or before the time of the delivery.