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

Utah Code § 76-16-210
in effect
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76-16-210. Embezzlement, abstraction, or misapplication of corporate or association funds. (1) Terms defined in Sections 76-1-101.5, 76-16-101, and 76-16-201 apply to this section. (2) An actor commits unlawful embezzlement, abstraction, or misapplication of corporate or association funds if the actor: (a) is: (i) a director, officer, agent, or member of a corporation or association; or (ii) a person who aids or abets a person described in Subsection (2)(a)(i); and (b) embezzles, abstracts, or willfully misapplies money, funds, or credits of the corporation or association. (3) A violation of Subsection (2) is a third degree felony. Enacted by Chapter 173, 2025 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title76/Chapter16/76-16-S210.html?v=C76-16-S210_2025050720250507Fetched: 10/26/2026

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