Chapter 069
2022 -- H 7694
Enacted 06/15/2022

A N   A C T
RELATING TO CRIMINAL OFFENSES -- THEFT, EMBEZZLEMENT, FALSE PRETENSES, AND MISAPPROPRIATION

Introduced By: Representative Robert E. Craven

Date Introduced: March 02, 2022

It is enacted by the General Assembly as follows:
     SECTION 1. Section 11-41-12 of the General Laws in Chapter 11-41 entitled "Theft,
Embezzlement, False Pretenses, and Misappropriation" is hereby amended to read as follows:
     11-41-12. Fraudulent conversion by agent or factor.
     Every agent or factor who shall deposit or pledge any goods, wares, or merchandise or any
bill of lading, receipt, or certificate of a warehouse keeper or inspector, or any warrant or order for
the delivery of goods with which he or she shall have been entrusted, or which shall have been
consigned to him or her as a security for any money or other property borrowed or received by the
agent or factor, and shall apply or dispose of the proceeds to his or her own use, in violation of
good faith, and with intent to defraud any owner of the goods, shall be deemed and taken to be
guilty of a misdemeanor felony and shall be fined not exceeding one thousand dollars ($1,000) or
be imprisoned not exceeding five (5) years.
     SECTION 2. This act shall take effect upon passage.
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LC005008
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