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2013 SESSION
SB 1144 Personal property; fraudulent conversion or removal of leased property.
Introduced by: A. Donald McEachin | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED:
Conversion of leased property. Provides that failure to return leased property to the lessor within 30, as opposed to 10, days after written notice has been given that the rental period for the property has expired is prima facie evidence of the intent to defraud and provides that failure to return leased property within 30, as opposed to 10, days of the expiration of the lease is to be deemed larceny.
SUMMARY AS PASSED SENATE:
Conversion of leased property. Removes the provision that failure to return leased property to the lessor within 10 days after written notice has been given that the rental period for the property has expired is prima facie evidence of the intent to defraud and removes the provision stating that failure to return leased property within 10 days of the expiration of the lease is to be deemed larceny.
SUMMARY AS INTRODUCED:
Conversion of leased property. Removes the provision that failure to return leased property to the lessor within 10 days after written notice has been given that the rental period for the property has expired is prima facie evidence of the intent to defraud.