Rhode Island General Laws
R.I. Gen. Laws § 11-41-11 (2026)
Embezzlement by bank officer or employee
✓ current as of July 2026
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Every officer, agent, or servant of any bank, savings bank, or trust company who shall embezzle or appropriate to his or her own use any moneys, goods, effects, or funds of any bank, savings bank or trust company with intent to cheat or defraud it or any person, shall be deemed guilty of larceny, and shall be fined not exceeding twenty thousand dollars ($20,000) or be imprisoned for a term not exceeding twenty (20) years.
Notes of Decisions
Cited in 2
cases, 1975–1995 · leading case: State v. Mollicone, 654 A.2d 311 (R.I. 1995).
State v. Mollicone, 654 A.2d 311 (R.I. 1995). “1956 (1981 Reenactment) § 11-41-11. This section declares it unlawful for an “officer, agent, or servant of any bank, savings bank or trust company * * * [to] embezzle or appropriate to his [or her] own use any moneys, goods, effects or funds of any bank, savings bank or trust…”
State v. Crescenzo, 332 A.2d 421 (R.I. 1975). “General Laws 1956 (1969 Reenactment) §11-41-11 provides a maximum of 20 years for embezzlement by bank employees.”
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