58-30-89. Misappropriation of funds by agent as theft. Any agent or soliciting agent who, not being lawfully entitled thereto, diverts or appropriates trust funds referred to in § 58-30-88 or any portion thereof to his own use shall upon conviction be guilty of theft and shall be punished as provided by law.
Source: SL 1966, ch 111, ch 9, § 28 (2).