California Penal Code 503 – Embezzlement is the fraudulent appropriation of property by a person …
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Embezzlement is the fraudulent appropriation of property by a person to whom it has been intrusted.
(Enacted 1872.)
Terms Used In California Penal Code 503
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- person: includes a corporation as well as a natural person. See California Penal Code 7
- property: includes both real and personal property. See California Penal Code 7