Establishes the offense of theft by conversion in West Virginia, setting penalties and restitution requirements.

West Virginia SB705 creates the offense of theft by conversion, defining it as knowingly converting funds or property to one's own use in violation of an agreement or legal obligation. The bill sets criminal penalties, with felony charges for property valued at $2,500 or more and misdemeanor charges for property valued less than $2,500. The court may order restitution to victims and allows for prosecution in various counties.

Establishes the offense of theft by conversion in West Virginia, setting penalties and restitution requirements.

West Virginia SB705 creates the offense of theft by conversion, defining it as knowingly converting funds or property to one's own use in violation of an agreement or legal obligation. The bill sets criminal penalties, with felony charges for property valued at $2,500 or more and misdemeanor charges for property valued less than $2,500. The court may order restitution to victims and allows for prosecution in various counties.