This bill seeks to amend the Code of West Virginia by introducing a new crime related to the disposal of property. Specifically, it establishes that if a person, firm, or corporation disposes or attempts to dispose of real property through false documentation—such as a deed or lease—with the intent to evade liability for debts, fines, or fees, and does so without the knowledge or acceptance of the other party, they will be guilty of a misdemeanor. Upon conviction, the penalties include a fine of up to $2,500, imprisonment for up to one year, or both, at the discretion of the court.

Additionally, the bill modifies existing language in the law regarding obtaining property by false pretenses and expands the definition of related offenses. It includes provisions for penalties associated with the fraudulent disposal of property to defraud creditors, as well as clarifying that prosecution for these offenses does not impede any civil remedies that may arise from the criminal actions. The bill aims to strengthen legal measures against fraudulent property transactions that seek to protect individuals from financial liabilities.

Statutes affected:
Introduced Version: 61-3-24