South Dakota Codified Laws 54-8-20. Removal, secretion, encumbrancing or disposition of property to defraud creditors–Misdemeanor
Current as of: 2023 | Check for updates
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Every person who removes any of his property out of any county, with intent to prevent the same from being levied upon by any execution or attachment, or who secretes, encumbers, transfers, or otherwise disposes of any of his property, with intent to delay or defraud any creditor, and every person who receives any such property with such intent, is guilty of a Class 1 misdemeanor.
Attorney's Note
Under the South Dakota Laws, punishments for crimes depend on the classification. In the case of this section:Class | Prison | Fine |
---|---|---|
Class 1 misdemeanor | up to 1 year | up to $2,00 |
Terms Used In South Dakota Codified Laws 54-8-20
- Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
Source: PenC 1877, § 636; CL 1887, § 6838; RPenC 1903, § 667; RC 1919, § 4278; SDC 1939, § 13.4302; SL 1980, ch 24, § 105.