Theft, Embezzlement, False Pretenses, and Misappropriation
§ 11-41-12 Fraudulent conversion by agent
Every agent or factor who shall deposit or pledge any goods, wares, or
merchandise or any bill of lading, receipt, or certificate of a warehouse
keeper or inspector, or any warrant or order for the delivery of goods with
which he or she shall have been entrusted, or which shall have been consigned
to him or her as a security for any money or other property borrowed or
received by the agent or factor, and shall apply or dispose of the proceeds to
his or her own use, in violation of good faith, and with intent to defraud any
owner of the goods, shall be deemed and taken to be guilty of a misdemeanor and
shall be fined not exceeding one thousand dollars ($1,000) or be imprisoned not
exceeding five (5) years.
History of Section.
(G.L. 1896, ch. 279, § 21; G.L. 1909, ch. 345, § 21; G.L. 1923, ch.
397, § 21; G.L. 1938, ch. 608, § 21; G.L. 1956, §