17-1311a. Same; penalties for misuse.

17-1311a

Chapter 17.--CORPORATIONS
Article 13.--CEMETERY CORPORATIONS

      17-1311a.   Same; penalties for misuse. (a) Misuse of the permanent maintenance fund or any money belonging thereto is using, lending or permitting another to use, moneys in the fund in a manner not authorized by law, by a custodian or other person having charge or control of such fund or moneys by virtue of his position.

      (b)   Misuse of the permanent maintenance fund is a severity level 7, nonperson felony.

      History:   L. 1971, ch. 71, § 2; L. 2007, ch. 198, § 1; May 24.