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Code · Maine · Title 17-A: MAINE CRIMINAL CODE · Chapter 37: FRAUD

§902. Defrauding a creditor

214 words·~1 min read·/me/title-17-a-maine-criminal-code/chapter-37-fraud/902·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

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, he
(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 such statement is false. [PL 1979, c. 512, §29 (AMD).]
[PL 2009, c. 325, Pt. B, §26 (AMD); PL 2009, c. 325, Pt. B, §27 (AFF).]
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.
[PL 1979, c. 512, §30 (RPR).]
3. Defrauding a creditor is a Class D crime.
[PL 1975, c. 499, §1 (NEW).]
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