North Carolina — Statute

NC 14-168.1. - NC 14-168.1.

NC 14-168.1. NC 14-168.1. - North Carolina Chapter 14 - Criminal Law. Free legal research.

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North Carolina Law

NC 14-168.1. - NC 14-168.1.

Chapter 14 - Criminal Law

Section Overview

§ 14-168.1. Conversion by bailee, lessee, tenant or attorney-in-fact. Every person entrusted with any property as bailee, lessee, tenant or lodger, or with any power of attorney for the sale or transfer thereof, who fraudulently converts the same, or the proceeds thereof, to his own use, or secretes it with a fraudulent intent to convert it to his own use, shall be guilty of a Class 3 misdemeanor. If, however, the value of the property converted or secreted, or the proceeds thereof, is in excess of four hundred dollars ($400.00), every person so converting or secreting it is guilty of a Class H felony. In all cases of doubt the jury shall, in the verdict, fix the value of the property converted or secreted. (1965, c. 1073, s. 5; 1979, c. 468; 1979, 2nd Sess., c. 1316, s. 13; 1981, c. 63, s...

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In simple terms: NC 14-168.1. NC 14-168.1. - North Carolina Chapter 14 - Criminal Law. Free legal research.. This means people must follow this rule, and breaking it can lead to criminal penalties.

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