N.Y. Penal Law § 185.00: Fraud in insolvency

§ 185.00 Fraud in insolvency.

1. As used in this section, "administrator" means an assignee or

trustee for the benefit of creditors, a liquidator, a receiver or any

other person entitled to administer property for the benefit of

creditors.

2. A person is guilty of fraud in insolvency when, with intent to

defraud any creditor and knowing that proceedings have been or are about

to be instituted for the appointment of an administrator, or knowing

that a composition agreement or other arrangement for the benefit of

creditors has been or is about to be made, he

(a) conveys, transfers, removes, conceals, destroys, encumbers or

otherwise disposes of any part of or any interest in the debtor's

estate; or

(b) obtains any substantial part of or interest in the debtor's

estate; or

(c) presents to any creditor or to the administrator any writing or

record relating to the debtor's estate knowing the same to contain a

false material statement; or

(d) misrepresents or fails or refuses to disclose to the administrator

the existence, amount or location of any part of or any interest in the

debtor's estate, or any other information which he is legally required

to furnish to such administrator.

Fraud in insolvency is a class A misdemeanor.