54-8-22. Party to transfer or assignment of property to defraud creditors guilty of felony.
Every person who, being a party to any conveyance or assignment of any property, or of any interest therein, made or created with intent to defraud prior or subsequent purchasers, or to delay or defraud creditors or other persons, and every person being privy to or knowing of such conveyance, assignment, or charge, who intentionally puts the same in use as having been made in good faith, is guilty of a Class 6 felony.
Source: PenC 1877, §635; CL 1887, §6837; RPenC 1903, §666; RC 1919, §4277; SDC 1939, §13.4301; SL 1980, ch 24, §107; SL 1986, ch 407.
Structure South Dakota Codified Laws
Title 54 - Debtor and Creditor
Chapter 08 - Acts In Fraud Of Creditors
Section 54-8-1 - Transfer with intent to delay or defraud creditors void.
Section 54-8-3 - Avoidance of act or obligation of debtor for fraud--Obstruction of legal process.
Section 54-8-4 - Fraudulent intent--Question of fact--Inadequacy of consideration.
Section 54-8-21 - Assignment or transfer of property to preferred creditors as felony--Exception.
Section 54-8-22 - Party to transfer or assignment of property to defraud creditors guilty of felony.
Section 54-8-23 - Fraud in bankruptcy proceedings--Misdemeanor.