SB 162
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AN ACT
RELATING TO EMBEZZLEMENT; ALLOWING AGGREGATION OF INCIDENTS
OF EMBEZZLEMENT TO DETERMINE PENALTY.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
Section 1. Section 30-16-8 NMSA 1978 (being Laws 1963,
Chapter 303, Section 16-7, as amended) is amended to read:
"30-16-8. EMBEZZLEMENT.--
A. Embezzlement consists of a person embezzling or
converting to the person's own use anything of value, with
which the person has been entrusted, with fraudulent intent
to deprive the owner thereof.
B. Whoever commits embezzlement when the value of
the thing embezzled or converted is two hundred fifty dollars
($250) or less is guilty of a petty misdemeanor.
C. Whoever commits embezzlement when the value of
the thing embezzled or converted is over two hundred fifty
dollars ($250) but not more than five hundred dollars ($500)
is guilty of a misdemeanor.
D. Whoever commits embezzlement when the value of
the thing embezzled or converted is over five hundred dollars
($500) but not more than two thousand five hundred dollars
($2,500) is guilty of a fourth degree felony.
E. Whoever commits embezzlement when the value of
the thing embezzled or converted is over two thousand five