Defrauding secured creditors; definition; classification

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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.


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