§708-873 Defrauding secured creditors. (1) A person commits the offense of defrauding secured creditors if the person destroys, removes, conceals, encumbers, transfers, or otherwise deals with property subject to a security interest with intent to hinder enforcement of that interest.

(2) Defrauding secured creditors is a misdemeanor. [L 1972, c 9, pt of §1; gen ch 1993]