1. A person is guilty of defrauding a creditor if:
A. The person destroys, removes, conceals, encumbers, transfers or otherwise deals with property subject to a security interest, as defined in Title 11, section 1‑1201, subsection (35), with the intent to hinder enforcement of that interest; or [PL 2009, c. 325, Pt. B, §26 (AMD); PL 2009, c. 325, Pt. B, §27 (AFF).]
B. Knowing that proceedings have been or are about to be instituted for the appointment of an administrator, that person: (1) Destroys, removes, conceals, encumbers, transfers or otherwise deals with any property with a purpose to defeat or obstruct the claim of any creditor; or (2) Presents in writing to any creditor or to an administrator any false statement relating to the debtor's estate, knowing that a material part of the statement is false. [RR 2025, c. 2, Pt. F, §54 (COR).]
(1) Destroys, removes, conceals, encumbers, transfers or otherwise deals with any property with a purpose to defeat or obstruct the claim of any creditor; or
(2) Presents in writing to any creditor or to an administrator any false statement relating to the debtor's estate, knowing that a material part of the statement is false. [RR 2025, c. 2, Pt. F, §54 (COR).]
2. As used in this section, "administrator" means an assignee for the benefit of creditors, a receiver, or trustee in bankruptcy or any other person entitled to administer property for the benefit of creditors.
3. Defrauding a creditor is a Class D crime.