MD CRIMINAL-LAW 8-407

Maryland Criminal Law Code Section 8-407 (2023) - Fraudulent Conversion of Leased or Rented Good (a) This section applies to a written contract or written lease for a leased or rented good or thing of value whether or not the contract or lease contains an option to purchase the good or thing of value if the lease: (1) does not exceed a period of 6 months; and (2) is for a good or thing with a value of $1,500 or more. (b) A person may not fraudulently convert to the person’s own use a good or thing of value received under a written contract or written lease entered into for the purpose of renting or leasing things for valuable consideration. (c) The failure to return the good or thing of value to the possession of, or account for the good or thing of value with, the person who delivered th...