Bill Text: AZ HB2368 | 2019 | Fifty-fourth Legislature 1st Regular | Introduced
Bill Title: Technical correction; defrauding secured creditors
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2019-05-09 - Assigned to House RULES Committee [HB2368 Detail]
Download: Arizona-2019-HB2368-Introduced.html
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REFERENCE TITLE: technical correction; defrauding secured creditors |
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State of Arizona House of Representatives Fifty-fourth Legislature First Regular Session 2019
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HB 2368 |
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Introduced by Representative Toma
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AN ACT
amending section 13-2204, Arizona Revised Statutes; relating to business and commercial fraud.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Section 13-2204, Arizona Revised Statutes, is amended to read:
13-2204. Defrauding secured creditors; classification; definition
A. A person commits defrauding secured creditors if the person knowingly destroys, removes, conceals, encumbers, converts, sells, obtains, transfers, controls or otherwise deals with property subject to a security interest with the intent to hinder or prevent the enforcement of that interest.
C. B. Defrauding secured creditors is a class 6 felony.
B. C. For the purposes of this section, "control" has the same meaning as prescribed by section 13‑1801.
