Minn. Stat. » CHAPTER 609. CRIMINAL CODE
Minnesota Statutes

Minn. Stat. § 609.62 (2026)

Defeating Security On Personalty

✓ current as of May 2026
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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.

Notes of Decisions
Cited in 7 cases, 1985–2014 · leading case: State v. Larson, 605 N.W.2d 706 (Minn. 2000).
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State v. Larson, 605 N.W.2d 706 (Minn. 2000). · cites it 2× “See Minn.Stat. § 609.62 (1996). 7 . Minnesota Statutes § 609.”
United States v. Patrick Joseph Matter, 818 F.2d 653 (8th Cir. 1987). “Minn. Stat. § 609.62 (2) (1984). Imposition of the sentence was stayed, however, and Matter was placed on probation for two years.”
Universal Pontiac-Buick-GMC Truck Inc. v. Routson (In Re Routson), 160 B.R. 595 (Bankr. D. Minn. 1993). “§ 609.62, Subds. 1 and 2. 10 . Neither the Bankruptcy Code, nor the prior Bankruptcy Act, has ever been interpreted or applied to allow the arbitrary stripping of a valid, perfected security interest from a creditor, either: to redistribute its value to general creditors; or, to…”
State v. Olson, 451 N.W.2d 672 (Minn. Ct. App. 1990). · cites it 2× “’ Thus, by definition, a violation of Minn. Stat. § 609.62 is a felony. Matter, 818 F.”
State v. Ewald, 373 N.W.2d 358 (Minn. Ct. App. 1985). · cites it 4× “COUNT I The above facts constitute your complainant's basis for believing that the above-named defendant on the 24th day of September, 1983 in the Township of Forest City in the above-named county *359 committed the following described offense: CHARGE: Defeating Security on…”
State v. Akbar, 419 N.W.2d 648 (Minn. Ct. App. 1988). · cites it 2× “See Minn.Stat. § 609.62, subd. 2(2) (1984). He was sentenced to a term of 17 months, execution stayed, and placed on probation.”
State of Minnesota v. Thomas Wayne Eilertson (Minn. Ct. App. 2014). · cites it 2× “” Minn. Stat. § 609.62 , subd. 2 (2010). The felony offense of filing a fraudulent financing statement, on the other hand, requires “intent to influence or otherwise tamper with a juror or a judicial proceeding or with intent to retaliate against” an official related to a…”
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