25:2-6. Fraudulent conveyances by embezzling officer
When any person has, during the time he holds or has held any office of trust or profit under authority of this state, embezzled or fraudulently disposed of any of the money, property or securities committed to his keeping, with intent to defraud the state or any political subdivision thereof, any conveyance or transfer by such person of property, real or personal, and all mortgages and liens by judgment confessed or other liens upon such property, voluntarily given or created by such person, whether upon valuable consideration or not, shall, as against the state or any political subdivision thereof, be deemed fraudulent and void in law.
This section shall not affect the rights of a bona fide purchaser, mortgagee or judgment creditor, for valuable consideration, without notice of the embezzlement or fraud of such officer.
Section: Previous 25-1-15 25-1-16 25-2-1 25-2-2 25-2-3 25-2-4 25-2-5 25-2-6 25-2-20 25-2-21 25-2-22 25-2-23 25-2-24 25-2-25 25-2-26 Next
Last modified: October 11, 2016