Party to transfer or assignment of property to defraud creditors guilty of felony.

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54-8-22. Party to transfer or assignment of property to defraud creditors guilty of felony.

Every person who, being a party to any conveyance or assignment of any property, or of any interest therein, made or created with intent to defraud prior or subsequent purchasers, or to delay or defraud creditors or other persons, and every person being privy to or knowing of such conveyance, assignment, or charge, who intentionally puts the same in use as having been made in good faith, is guilty of a Class 6 felony.

Source: PenC 1877, §635; CL 1887, §6837; RPenC 1903, §666; RC 1919, §4277; SDC 1939, §13.4301; SL 1980, ch 24, §107; SL 1986, ch 407.


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