Mass. Gen. Laws ch. 266 § 74
Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session
An officer, agent, clerk or servant of a corporation organized or doing business in the commonwealth, who wilfully uses the name of such corporation, or his own name as such officer, agent, clerk or servant, to obtain money upon the credit of such corporation for his own use or benefit, without authority from such corporation, or who fraudulently lends, invests or appropriates the money or disposes of the property of such corporation, or fraudulently converts it, shall be punished by imprisonment in the state prison for not more than ten years.
Mass. Gen. Laws ch. 266, § 74