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Wilful misapplication

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 218 U.S. 532 - United States v. Fritz Augustus Heinze · 1910Most cited · 78 citing opinions

the 'misapplication made an offense by this statute means a misapplication for the use, benefit, or gain of the party charged,' or someone other than the association. And further, that to constitute the offense 'there must be a conversion to its own use or the use of someone else of the moneys and funds of the association by the party charged.