A penalty of incarceration or a fine shall be imposed on anyone who embezzles, uses or dissipates funds, written instruments or any other movables, in such a manner as to cause harm to persons entitled thereto, whenever such funds, instruments or movables have been handed to him by way of trust, lease, mortgage, loan for use or proxy. In the application of this provision, any partner in a joint property, any agent of necessity with respect to the property of the concerned party and any person to whom an object is handed to be used for a specific matter for the benefit of its owner or of another, shall be treated as a proxy.
Interpretation and application must be checked against the official text and current version.