Embezzlement, abstraction, or misapplication of corporate or association funds.

Utah Code § 76-16-210, under Part 76-16-2: Corporation and Association Offenses.

Utah Code § 76-16-210

76-16-210. Embezzlement, abstraction, or misapplication of corporate or association funds.

(1) Terms defined in Sections,, andapply to this section. 76-1-101.5 76-16-101 76-16-201

(2) An actor commits unlawful embezzlement, abstraction, or misapplication of corporate or association funds if the actor: is: a director, officer, agent, or member of a corporation or association; or a person who aids or abets a person described in Subsection (2)(a)(i); and embezzles, abstracts, or willfully misapplies money, funds, or credits of the corporation or association.

(3) A violation of Subsectionis a third degree felony. (2)