CAL. PEN. CODE § 560 : California Code - Section 560
Search CAL. PEN. CODE § 560 : California Code - Section 560
Any bailee, as defined in Section 7102 of the Uniform Commercial Code, who issues or aids in issuing a document of title, or any person who secures the issue by a bailee of a document of title, or any person who negotiates or transfers for value a document of title knowing that the goods for which such document is issued have not been actually received by such bailee or are not under his control at the time of issuing such receipt shall be guilty of a crime and upon conviction shall be punished for each offense by imprisonment in the state prison or by a fine not exceeding ten thousand dollars ($10,000) or by both.