Page:Revised Codes of the State of North Dakota 1895.pdf/1355

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Fraudulent Insolvencies.
PENAL CODE
§§ 7511-7514

CHAPTER 57.

FRAUDULENT INSOLVENCIES BY INDIVIDUALS.

§ 7511. Fraudulent conveyance. Every person who, being a party to any conveyance or assignment of any real or personal property or of any interest therein, made or created with intent to defraud prior or subsequent purchasers, or to hinder, delay or defraud creditors or other persons, and every person being privy to or knowing of such conveyance, assignment or charge, who willfully puts the same in use as ing been made in good faith, is of a misdemeanor.

§ 7512. Removing property to avoid execution. 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, assigns, conveys or otherwise disposes of any of his property, with intent to defraud any creditor, or to prevent such property being made liable for the payment of his debts, and every person who receives any such property with such intent, is guilty of a misdemeanor.

§ 7513. Unlawfully preferring creditors. Every person who, knowing that his property is insufficent for the payment of all his lawful debts, assigns, transfers or delivers any property for the benefit of any creditor or creditors, upon any trust or condition, that any creditor shall receive a preference or priority over any other, except in the cases in which such preference is expressly allowed to be given by law, or with intent to create such preference or priority, is guilty of a misdemeanor.

§ 7514. Frauds in insolvencies. Every person who, upon making or prosecuting any application for a discharge as an insolvent dehtor, under the provisions of any law now in force or that may hereafter he enacted, either:

1. Fraudulently presents, or authorizes to be presented on his behalf such application, in a case in which it is not authorized by

2. Makes or presents to any court or officer, in support of such application, any petition, schedule, book, account, voucher or other paper or document, knowing the same to contain any false statement:

3. Fraudulently makes and exhibits, or alters, obliterates or destroys any account or voucher relating to the condition of his affairs, or any entry or statement in such account or voucher; or,

4. Practices any fraud upon any creditor, with intent to induce him to petition for or consent to such discharge; or,

5. Conspires with or induces any person fraudulently to unite as creditor in any petition for such discharge, or to practice any fraud in aid thereof,

Is guilty of a misdemeanor.

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