(a) A person commits the crime of defrauding secured creditors if he destroys, removes, conceals, encumbers, transfers or otherwise deals with property subject to a security interest with intent to hinder enforcement of that interest. (b) “Security interest” means an interest in personal property or fixtures as defined in Section 7-1-201(37). (c) Defrauding secured creditors is a Class A misdemeanor.
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