Missouri Revised Statutes

Chapter 570
Stealing and Related Offenses
Section 570.217

August 28, 2013


Misapplication of funds of a financial institution, penalties.

570.217. 1. A person commits the crime of misapplication of funds of a financial institution if, being an officer, director, agent, or employee of, or connected in any capacity with, any bank, trust company, savings and loan association, or credit union, he embezzles, abstracts, purloins, or willfully misapplies any of the money, funds, or credits of such institution or any moneys, funds, assets, or securities entrusted to the custody or care of such institution, or to the custody or care of any such agent, officer, director, employee, or receiver.

2. Misapplication of funds of a financial institution is a class C felony, but if the amount embezzled, abstracted, purloined, or misapplied does not exceed one thousand dollars, it is a class D felony.

(L. 1985 H.B. 408 570.195, A.L. 1991 H.B. 206)


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