TITLE LVII
INSOLVENCY PROCEEDINGS AND ASSIGNMENTS FOR CREDITORS

CHAPTER 568
INSOLVENCY PROCEEDINGS

Discharge of Debtor

Section 568:41

    568:41 Fraud. – A discharge shall not be granted, nor if granted be valid, if the debtor has wilfully sworn falsely as to any material fact in the course of the proceedings or if he has fraudulently concealed any part of his estate, or any books or writings relating thereto; if, being insolvent and having sufficient cause to believe himself so, the debtor has, within 6 months before the beginning of the proceedings, obtained on credit any money, goods, chattels or other thing of value with intent not to pay for the same, has destroyed, altered, mutilated or falsified any of his books, documents, papers, writings or securities or been privy thereto, or has made any fraudulent payment, gift, transfer, conveyance or assignment of any part of his property or spent any part thereof in gaming; if, having knowledge that a person has proved a false debt against his estate, the debtor has not disclosed the same to his assignee within one month after such knowledge; or if the debtor has procured the assent of any creditor to the discharge by pecuniary consideration.

Source. 1885, 85:12. 1889, 100:2. PS 201:40. PL 401:41. RL 465:41.