Sec 13-2204. Defrauding secured creditors; definition; classification

Latest version.

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.

                    
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