13-1818. Misappropriation of charter school monies; violation; classification
91 words·~1 min read·
/az/title-13/13-1818A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. A person commits misappropriation of charter school monies if without lawful authority and with an intent to defraud the person converts monies provided by this state under a charter school contract in a manner that does not further the purposes of the charter and is not reasonably related to the business of the charter school.
B. A violation of subsection A is a class 4 felony, except that if the amount of monies converted is twenty-five thousand dollars or more a violation of subsection A is a class 2 felony.