Embezzlement or misapplication of funds.

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It shall be a criminal offense for any officer, director, shareholder or employee of any bank or trust company to directly or indirectly embezzle, abstract, or misapply, or cause to be embezzled, abstracted or misapplied, any of the funds or securities or other property of or under the control of the bank or trust company with intent to deceive, injure, cheat, wrong, or defraud any bank, trust company or person.

Added by Laws 1965, c. 161, § 1412. Amended by Laws 1997, c. 111, § 111, eff. July 1, 1997.


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