18 USC 664 – Theft or embezzlement from employee benefit plan
Current as of: 2024 | Check for updates
|
Other versions
Any person who embezzles, steals, or unlawfully and willfully abstracts or converts to his own use or to the use of another, any of the moneys, funds, securities, premiums, credits, property, or other assets of any employee welfare benefit plan or employee pension benefit plan, or of any fund connected therewith, shall be fined under this title, or imprisoned not more than five years, or both.
Terms Used In 18 USC 664
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
As used in this section, the term “any employee welfare benefit plan or employee pension benefit plan” means any employee benefit plan subject to any provision of title I of the Employee Retirement Income Security Act of 1974.