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Bill > SB973


WV SB973

WV SB973
Creating crime of property disposal for purposes of avoiding debt or asset repayment


summary

Introduced
02/17/2026
In Committee
02/17/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

The purpose of this bill is to create a crime of disposing or attempting to dispose of property to another party with the intention of preventing liability from the payment of debts, fines, or other fees without the knowledge or acceptance of that property by another party.

AI Summary

This bill creates a new crime in West Virginia related to the disposal of real property to avoid financial obligations. Specifically, it makes it a misdemeanor offense for any person, firm, or corporation to transfer or attempt to transfer real property using a false or fraudulent document, such as a deed or lease, with the intent to prevent the payment of debts, fines, or other fees. This crime is committed if the property is transferred to another party without that party's knowledge or acceptance. The penalties for this new offense include a fine of up to $2,500 or jail time of up to one year, or both. This provision is being added to an existing law that already addresses obtaining money or property by false pretenses and defrauding creditors.

Committee Categories

Justice

Sponsors (2)

Last Action

To Judiciary (on 02/17/2026)

bill text


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