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This entry was published on 2014-09-22
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SECTION 185.10
Fraudulent disposition of mortgaged property
Penal (PEN) CHAPTER 40, PART 3, TITLE K, ARTICLE 185
§ 185.10 Fraudulent disposition of mortgaged property.

A person is guilty of fraudulent disposition of mortgaged property
when, having theretofore executed a mortgage of real or personal
property or any instrument intended to operate as such, he sells,
assigns, exchanges, secretes, injures, destroys or otherwise disposes of
any part of the property, upon which the mortgage or other instrument is
at the time a lien, with intent thereby to defraud the mortgagee or a
purchaser thereof.

Fraudulent disposition of mortgaged property is a class A misdemeanor.