Minnesota § 609.62 - DEFEATING SECURITY ON PERSONALTY
Full text of Minnesota Minnesota Statutes § 609.62 — DEFEATING SECURITY ON PERSONALTY, with citation guidance and answers to common questions.
§ 609.62. DEFEATING SECURITY ON PERSONALTY
Subdivision 1.Definition.
In this section "security interest" means an interest in property which secures payment or other performance of an obligation.
Subd. 2.Acts constituting.
Whoever, with intent to defraud, does any of the following may be sentenced to imprisonment for not more than three years or to payment of a fine of not more than $6,000, or both:
(1) conceals, removes, or transfers any personal property in which the actor knows that another has a security interest; or
(2) being an obligor and knowing the location of the property refuses to disclose the same to an obligee entitled to possession thereof.
History:
1963 c 753 art 1 s 609.62; 1984 c 628 art 3 s 11; 1986 c 444; 1989 c 290 art 6 s 21
Official Publication of the State of Minnesota
Revisor of Statutes
Source: official Minnesota text · Last verified 2026-08-27
Frequently Asked Questions About Minnesota § 609.62
What does Minnesota Statutes § 609.62 cover?
Section 609.62 ("DEFEATING SECURITY ON PERSONALTY") is part of the Minnesota Statutes, the codified statutory law of Minnesota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Minnesota § 609.62?
A common citation format is "Minnesota Statutes § 609.62" (Minnesota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Minnesota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Minnesota official source linked on this page or consult a licensed Minnesota attorney.
How does Minnesota § 609.62 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Minnesota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Minnesota.