Sec. 53a-129. Misapplication of property: Class A misdemeanor.
Sec. 53a-129. Misapplication of property: Class A misdemeanor. (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.
(1969, P.A. 828, S. 131.)
Cited. 180 C. 662. Cited. 194 C. 223.