2013 New York Consolidated Laws
PEN - Penal
Article 185 - (185.00 - 185.15) FRAUDS ON CREDITORS
185.10 - Fraudulent disposition of mortgaged property.

NY Penal L § 185.10 (2012) What's This?
  § 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.

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