Sec. 53a-129. Misapplication of property: Class A misdemeanor.
136 words·~1 min read·
/ct/title-53a/chapter-952-penal-code-offenses/53a-129·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(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.