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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) A person is guilty of misapplication of property when, knowingly possessing personal property of another pursuant to an agreement that the same will be returned to the owner at a future time, he loans, leases, pledges, pawns or otherwise encumbers such property without the consent of the owner thereof in such manner as to create a risk that the owner will not be able to recover it or will suffer pecuniary loss.
(b) In any prosecution under this section, it shall be a defense that, at the time the prosecution was commenced, (1) the defendant had recovered possession of the property, unencumbered as a result of the unlawful disposition, and (2) the owner had suffered no material economic loss as a result of the unlawful disposition.
(c) Misapplication of property is a class A misdemeanor.
Cite this article: FindLaw.com - Connecticut General Statutes Title 53A. Penal Code § 53a-129. Misapplication of property: Class A misdemeanor - last updated January 01, 2025 | https://codes.findlaw.com/ct/title-53a-penal-code/ct-gen-st-sect-53a-129/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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