13-2204

13-2204. Defrauding secured creditors; definition; classification

A. A person commits defrauding secured creditors if the person knowingly destroys, removes, conceals, encumbers, converts, sells, obtains, transfers, controls or otherwise deals with property subject to a security interest with the intent to hinder or prevent the enforcement of that interest.

B. For the purposes of this section, "control" has the same meaning as prescribed by section 13-1801.

C. Defrauding secured creditors is a class 6 felony.