Maine statute
17-A M.R.S. § 902 — Defrauding a creditor
Current through First Special Session of the 132nd Maine Legislature (current through October 1, 2025)
Part of Chapter 37: Fraud, Maine Revised Statutes.
Criminal charges under this statute
Full text of 17-A M.R.S. § 902
Statutory text current through the First Special Session of the 132nd Maine Legislature (current through October 1, 2025). This publication reproduces the statutory text of the Maine Revised Statutes from the Revisor of Statutes' official published files; it is not the official statutes of the State of Maine and has not been certified by the Secretary of State.
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
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.
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.
3. Defrauding a creditor is a Class D crime.
Official sources
Legal terms used in this section
This reference is informational and is not legal advice.