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N.Y. Penal Law § 185.10

Fraudulent disposition of mortgaged property

New York · New York Penal Law · Status: effective · Effective 2014-09-22

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N.Y. Penal Law § 185.10, Fraudulent disposition of mortgaged property, New York, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1092091
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§ 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.