Art. 164
Reduction of assets to the prejudice of creditors 1. Any debtor who reduces his assets to the detriment of his creditors by damaging, destroying or reducing the value of any assets or rendering them unusable, disposing of any assets for no consideration or for a consideration that is clearly negligible in value, or by waiving, without material grounds, any rights which may accrue thereon or by renouncing rights for no consideration, shall be liable, if bankruptcy proceedings are commenced against him or a certificate of unsatisfied claims has been issued in his respect, to a custodial sentence not exceeding five years or to a monetary penalty. 2. Subject to the same requirements, any third party who carries out any of the foregoing acts to the prejudice of creditors shall be liable to a custodial sentence not exceeding three years or to a monetary penalty.. |