A person who, with intent to obtain a benefit or to procure a benefit to a third person, or to cause damage to a creditor, removes, assigns, damages, depreciates or renders useless property held by the creditor by way of pledge, usufruct or lien,
Penal Code
2015 English source edition · Current applicability not established.
English-language 2015 Ministry of Justice edition. Refworld catalogues this English expression as an unofficial translation; Eri Atlas has not independently verified the translation.
Article 362
Misappropriation or Destruction of Property Subject to Pledge Usufruct or Encumbrance · Preserved transcription; page attribution imported from the source collection. Verify against the original.
is guilty of misappropriation or destruction of property subject to pledge, usufruct or lien, a Class 1 petty offence, punishable with a definite term of imprisonment of not less than 6 months and not more than 12 months, or a fine of 20,001 – 50,000 Nakfas, to be set in intervals of 2,500 Nakfas.