Maine · Maine Revised Statutes — Title 17-A, Maine Criminal Code

Me. Rev. Stat. (Criminal Code) § 902: Defrauding a creditor

Felony

What this law says, in plain English

A person commits defrauding a creditor by intentionally hiding, transferring, or destroying property subject to a security interest, or by concealing assets or submitting false statements to defeat creditor claims during insolvency proceedings. This is a Class D crime.

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