North Carolina · North Carolina General Statutes — Crimes & Controlled Substances
N.C.G.S. (Criminal Law) § 14-114: Fraudulent disposal of personal property on which there is a security interest
What this law says, in plain English
A person commits a Class 2 misdemeanor by fraudulently disposing of personal property subject to a security agreement with intent to defeat the secured party's rights, or by knowingly buying or assisting in such disposition.
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