NC 14-168.4. - NC 14-168.4.

§ 14-168.4. Failing to return rented property on which there is purchase option. (a) It shall be a Class 3 misdemeanor for any person to fail to return rented property with intent to defeat the rights of the owner, which is rented pursuant to a written rental agreement in which there is an option to purchase the property, after the date of termination provided in the agreement has occurred or, if the termination date is the occurrence of a specified event, then that such event has in fact occurred. (b) Intent to commit the crime set forth in subsection (a) may be presumed from the following evidence: (1) Evidence that the defendant has disposed of the property, or has encumbered the property by allowing a security interest to be placed on the property or by delivering the property to a paw...