Code of Alabama - Title 13A: Criminal Code - Section 13A-9-46 - Defrauding secured creditors

Section 13A-9-46 - Defrauding secured creditors.

(a) A person commits the crime of defrauding secured creditors if he destroys, removes, conceals, encumbers, transfers or otherwise deals with property subject to a security interest with intent to hinder enforcement of that interest.

(b) "Security interest" means an interest in personal property or fixtures as defined in Section 7-1-201(37).

(c) Defrauding secured creditors is a Class A misdemeanor.

(Acts 1977, No. 607, p. 812, §4130.)

Last modified: May 3, 2021