[§708-837.5] Failure to return leased or rented personal property; penalty. [(1)] A person commits the offense of failure to return leased or rented personal property other than a rental motor vehicle, when he knowingly or intentionally does not return the leased or rented personal property to the person, or his agent, from whom the personal property was leased or rented within fourteen days after the return date stated in the lease or rental contract, unless the person leasing or renting the personal property gives notice that he will not be able to return the leased or rented personal property by the date stated and with the permission of the owner of the property or his agent extends the date by which the personal property will be returned.
[(2)] Failure to return leased or rented personal property is a petty misdemeanor. [L 1980, c 171, §6]
Cross References
As to civil remedies, see §§603-29, 604-6.2, and 633-8.
COMMENTARY ON §708-837.5
Act 171, Session Laws 1980, enacted this section as part of a package of penal sanctions and civil remedies intended "to provide an effective means for businesses, which have rented personal property to others, to obtain speedy and rightful return of their property while respecting the rights of persons who have leased the property." Conference Committee Report No. 37-80 (57-80).
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