Check kiting is when someone tries to steal money from a bank by writing a bad check, then covering it with another bad check. Both checks are written on accounts that don't have enough real money in them. This is a class E felony, which is a serious crime.
Classifications stated in the statute. Actual outcomes vary.
570.220. — defined — . — 1. A person commits the of check kiting if he or she, with , obtains money from a by drawing a check against an account in which there is not sufficient collected funds to pay the check and, he or she to cover that check by ing in such account another check drawn against insufficient collected funds.
2. For purposes of this section, the term "collected funds" means that portion of a deposit account representing checks and other credits as to which the has directly and affirmatively that payment has been made or, in the alternative, with respect to checks as to which at least ten business days have elapsed, without of the checks, since presentation for payment.
3. The offense of check kiting is a .
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Source & history notes
(L. 1985 H.B. 408 § 570.210, A.L. 2014 S.B. 491) Effective 1-01-17
Related Missouri laws
Civil action for all claims against principal may be joined
RSMo 570.219
Identity theft
RSMo 570.223
Misapplication of funds of a financial institution
RSMo 570.217
Trafficking in stolen identities
RSMo 570.224
Misappropriation of intellectual property
RSMo 570.225
Library theft, guilty of stealing
RSMo 570.210
Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.