theft of property lost, mislaid, or delivered by mistake

Larceny in which one obtains control of property the person knows to be lost, mislaid, or delivered by mistake (esp. in the amount of property or identity of recipient) and fails to take reasonable measures to restore the property to the rightful owner. Model Penal Code § 223.5.

— Also termed larceny of property lost, mislaid, or delivered by mistake. [Cases: Larceny 10. C.J.S. Larceny §§ 18, 49.]

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