Article 384 stipulates that the crime of misappropriating public funds refers to the state functionaries who, taking advantage of their positions, misappropriate public funds for personal use and engage in illegal activities, or misappropriate a large amount of public funds and engage in profit-making activities.
Or the amount of misappropriation of public funds is relatively large, and it has not been paid back for more than three months, which is a crime of misappropriation of public funds and is sentenced to fixed-term imprisonment of not more than five years or criminal detention; If the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not less than five years. Whoever misappropriates a huge amount of public funds and fails to return it shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment.
Relevant provisions of the Criminal Law of People's Republic of China (PRC):
Whoever misappropriates funds and materials for disaster relief, emergency rescue, flood control, special care, poverty alleviation, immigration and relief for personal use shall be given a heavier punishment.
Article 185 stipulates that employees of state-owned commercial banks, stock exchanges, futures exchanges, securities companies, futures brokerage companies, insurance companies or other state-owned financial institutions, as well as state-owned commercial banks, stock exchanges, futures exchanges, securities companies and futures brokerage companies.
Personnel appointed by insurance companies or other state-owned financial institutions to engage in public service in non-state-owned institutions specified in the preceding paragraph who commit the acts mentioned in the preceding paragraph shall be convicted and punished in accordance with the provisions of Article 384 of this Law.