§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.