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2017 New Hampshire Revised Statutes
Title LXII - CRIMINAL CODE
Chapter 638 - FRAUD
Section 638:11 - Misapplication of Property.
Universal Citation: NH Rev Stat § 638:11 (2017)
638:11 Misapplication of Property. –
I. A person is guilty of a misdemeanor if he deals with property that has been entrusted to him as a fiduciary, or property of the government or of a financial institution, in a manner which he knows is a violation of his duty and which involves substantial risk of loss to the owner or to a person for whose benefit the property was entrusted.
II. As used in this section, "fiduciary'' includes any person carrying on fiduciary functions on behalf of a corporation or other organization which is a fiduciary. "Government'' and "financial institution'' have the meanings given in RSA 637:10, IV. "Property'' has the meaning given in RSA 637:2, I.
I. A person is guilty of a misdemeanor if he deals with property that has been entrusted to him as a fiduciary, or property of the government or of a financial institution, in a manner which he knows is a violation of his duty and which involves substantial risk of loss to the owner or to a person for whose benefit the property was entrusted.
II. As used in this section, "fiduciary'' includes any person carrying on fiduciary functions on behalf of a corporation or other organization which is a fiduciary. "Government'' and "financial institution'' have the meanings given in RSA 637:10, IV. "Property'' has the meaning given in RSA 637:2, I.
Source. 1971, 518:1, eff. Nov. 1, 1973.
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