Statute · New York Penal Law
N.Y. Penal Law § 185.10 — Fraudulent disposition of mortgaged property
N.Y. Penal Law § 185.10
- Type
- Statute
- Source
- New York Penal Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 185.10 Fraudulent disposition of mortgaged property.
Citator
N.Y. Penal Law § 185.10 — Fraudulent disposition of mortgaged property is in force in the current edition of the Code, and nothing recorded condemns it.
§ 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.