(1) If a person, with intent to defraud a creditor by defeating, impairing, or rendering worthless or unenforceable any security interest, sells, assigns, transfers, conveys, pledges, encumbers, conceals, destroys, or disposes of any collateral subject to a security interest, the person commits: (a) (Deleted by amendment, L. 2007, p. 1694, § 9, effective July 1, 2007.) (b) Repealed. (b.5) (Deleted by amendment, L. 2014.) (c) A petty offense if the value of the collateral is less than three hundred dollars; (d) A class 2 misdemeanor if the value of the collateral is three hundred dollars or more but less than one thousand dollars; (e) A class 1 misdemeanor if the value of the collateral is one thousand dollars or more but less than two thousand dollars; (f) A class 6 felony if the value of the collateral is two thousand dollars or more but less than five thousand dollars; (g) A class 5 felony if the value of the collateral is five thousand dollars or more but less than twenty thousand dollars; (h) A class 4 felony if the value of the collateral is twenty thousand dollars or more but less than one hundred thousand dollars; (i) A class 3 felony if the value of the collateral is one hundred thousand dollars or more but less than one million dollars; and (j) A class 2 felony if the value of the collateral is one million dollars or more. (2) If a creditor, with intent to defraud a debtor, sells, assigns, transfers, conveys, pledges, buys, or encumbers a promissory note or contract signed by the debtor, the creditor commits: (a) (Deleted by amendment, L. 2007, p. 1694, § 9, effective July 1, 2007.) (b) Repealed. (b.5) (Deleted by amendment, L. 2014.) (c) A petty offense if the amount owing on the note or contract is less than three hundred dollars; (d) A class 2 misdemeanor if the amount owing on the note or contract is three hundred dollars or more but less than one thousand dollars; (e) A class 1 misdemeanor if the amount owing on the note or contract is one thousand dollars or more but less than two thousand dollars; (f) A class 6 felony if the amount owing on the note or contract is two thousand dollars or more but less than five thousand dollars; (g) A class 5 felony if the amount owing on the note or contract is five thousand dollars or more but less than twenty thousand dollars; (h) A class 4 felony if the amount owing on the note or contract is twenty thousand dollars or more but less than one hundred thousand dollars; (i) A class 3 felony if the amount owing on the note or contract is one hundred thousand dollars or more but less than one million dollars; and (j) A class 2 felony if the amount owing on the note or contract is one million dollars or more.
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