§ 11-41-12. Fraudulent conversion by agent or factor.
Every agent or factor who shall deposit or pledge any goods, wares, or merchandise or any bill of lading, receipt, or certificate of a warehouse keeper or inspector, or any warrant or order for the delivery of goods with which he or she shall have been entrusted, or which shall have been consigned to him or her as a security for any money or other property borrowed or received by the agent or factor, and shall apply or dispose of the proceeds to his or her own use, in violation of good faith, and with intent to defraud any owner of the goods, shall be deemed and taken to be guilty of a felony and shall be fined not exceeding one thousand dollars ($1,000) or be imprisoned not exceeding five (5) years.
History of Section.G.L. 1896, ch. 279, § 21; G.L. 1909, ch. 345, § 21; G.L. 1923, ch. 397, § 21; G.L. 1938, ch. 608, § 21; G.L. 1956, § 11-41-12; P.L. 2022, ch. 69, § 1, effective June 15, 2022; P.L. 2022, ch. 70, § 1, effective June 15, 2022.
Structure Rhode Island General Laws
Chapter 11-41 - Theft, Embezzlement, False Pretenses, and Misappropriation
Section 11-41-1. - Stealing as larceny.
Section 11-41-2. - Receiving stolen goods.
Section 11-41-3. - Embezzlement and fraudulent conversion.
Section 11-41-4. - Obtaining property by false pretenses or personation.
Section 11-41-4.1. - Repealed.
Section 11-41-5. - Penalties for larceny.
Section 11-41-6. - Attempted larceny.
Section 11-41-7. - Larceny from the person.
Section 11-41-8. - Stealing of animals.
Section 11-41-9. - Theft of poultry — Receiving stolen poultry.
Section 11-41-10. - Robbing of fish nets and weirs.
Section 11-41-11. - Embezzlement by bank officer or employee.
Section 11-41-11.1. - Unlawful appropriation.
Section 11-41-12. - Fraudulent conversion by agent or factor.
Section 11-41-13. - Obtaining signature by false pretenses.
Section 11-41-14. - Failure to return book or other library property.
Section 11-41-15. - Recovered stolen property.
Section 11-41-16. - Sale or concealment of property leased or purchased on conditional sale.
Section 11-41-16.1. - Sale or concealment of leased personal property.
Section 11-41-17. - Unauthorized transfer of vehicle sold on conditional sale.
Section 11-41-18. - Defacement or conversion of rental battery.
Section 11-41-19. - Refusal to return rental battery.
Section 11-41-20. - Shoplifting.
Section 11-41-20.1. - Shoplifting — Use of implements in concealment.
Section 11-41-21. - Shoplifting — Enforcement.
Section 11-41-22. - Severability of shoplifting provisions.
Section 11-41-23. - Larceny of marine equipment.
Section 11-41-24. - Habitual offender.
Section 11-41-25. - Siphoning of gasoline.
Section 11-41-25.1. - Theft of motor fuel.
Section 11-41-26. - Two-way mirrors and video cameras in retail store’s dressing rooms prohibited.
Section 11-41-27. - Wrongful conversion by officer or state or municipal employee.
Section 11-41-28. - Civil restitution for shoplifting.
Section 11-41-29. - Insurance fraud — Prohibited activities.
Section 11-41-30. - Fraud as to health insurer.
Section 11-41-31. - Pension revocation.
Section 11-41-32. - Theft of historic stone walls.
Section 11-41-33. - Larceny of farm products.
Section 11-41-34. - Fraud against the department of human services.