2A:29A-4 - Unlawful diversion of trust funds;Ā offender as disorderly person
2A:29A-4.Ā Unlawful diversion of trust funds;Ā offender as disorderly person
Any person party to said contract or agreement, or any agent of said person,Ā or any officer of a corporation receiving said moneys, who with knowledge thatĀ such moneys constitute trust funds, unlawfully diverts or consents to anĀ unlawful diversion of such moneys shall be a disorderly person and subject to aĀ fine of not less than $200.00 or by imprisonment for not more than 30 days, orĀ both.
L.1962, c. 208, s. 4.
Ā
Any person party to said contract or agreement, or any agent of said person,Ā or any officer of a corporation receiving said moneys, who with knowledge thatĀ such moneys constitute trust funds, unlawfully diverts or consents to anĀ unlawful diversion of such moneys shall be a disorderly person and subject to aĀ fine of not less than $200.00 or by imprisonment for not more than 30 days, orĀ both.
L.1962, c. 208, s. 4.
Ā