Alabama Statutes

§ 13A-9-46 — Defrauding Secured Creditors

Alabama·Title 13A Criminal Code·Ch. 9 Forgery and Fraudulent Practices·Art. 2 Business Frauds
(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.

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Legislative History

(Acts 1977, No. 607, p. 812, §4130.)

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