R.I. Gen. Laws § 19-9-23

Current through 2024 Public Law 457

Section 19-9-23 - Theft, embezzlement or misapplication by regulated institution, lending, credit and insurance officer or employee

Every president, director, officer, trustee, cashier, treasurer, teller, clerk, or agent of any regulated institution, insurance company, or other depository who embezzles, abstracts, purloins, or willfully misapplies any of the moneys, funds, or credits entrusted to the custody or care of the regulated institution, insurance company, or other depository, and any person who, with like intent, aids or abets any officer, clerk, or agent in violation of this section, upon conviction, shall be fined not exceeding two hundred fifty thousand dollars ($250,000), or be imprisoned not exceeding twenty (20) years, or both.

P.L. 1995, ch. 82, § 47.