California Penal Code

§ 154

PEN § 154 Effective Jan 25, 2010Title 7 · Part 1 · Ch. 7

Statute text

(a)Every debtor who fraudulently removes his or her property or effects out of this state, or who fraudulently sells, conveys, assigns or conceals his or her property with intent to defraud, hinder or delay his or her creditors of their rights, claims, or demands, is punishable by imprisonment in the county jail not exceeding one year, or by fine not exceeding one thousand dollars ($1,000), or by both that fine and imprisonment.

(b)Where the property so removed, sold, conveyed, assigned, or concealed consists of a stock in trade, or a part thereof, of a value exceeding two hundred fifty dollars ($250), the offense shall be a felony and punishable as such.

Legislative history

Amended by Stats. 2009, 3rd Ex. Sess., Ch. 28, Sec. 6. (SB 18 3x) Effective January 25, 2010.