§412:2-608 - Misapplication of funds.

     §412:2-608  Misapplication of funds.  Any institution-affiliated party who wilfully abstracts or misapplies any of the money, funds, credits, assets, or property of a Hawaii financial institution, whether owned by the financial institution or held for safekeeping or as agent, or held in trust shall be guilty of a class C felony punishable pursuant to sections 706-660 and 706‑640.  However, if the amount abstracted or wilfully misapplied does not exceed $300, the institution-affiliated party shall be guilty of a misdemeanor punishable pursuant to sections 706-663 and 706-640. [L 1993, c 350, pt of §1]

 

Cross References

 

  Suspected financial abuse of an elder, mandatory reporting, see §412:3-114.5.