North Carolina · North Carolina General Statutes — Crimes & Controlled Substances
N.C.G.S. (Criminal Law) § 14-254: Malfeasance of corporation officers and agents
What this law says, in plain English
Corporate officers, directors, employees, and agents who embezzle funds, misapply money, or fraudulently issue financial documents or make false records with intent to injure or defraud are punished as Class H felons.
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