Public funds include both national and collectively owned monetary funds, as well as privately owned currencies managed, used, transported, exchanged and stored by the state.

In state-owned enterprises and companies, if a person with the status of a state employee misappropriates the property of the enterprise or company, it is an infringement of the ownership of the public property.

Article 6 of the "Constitution of the People's Republic of China" The socialist economic system of the People's Republic of China is based on socialist public ownership of the means of production, that is, ownership by the whole people and collective ownership by the working people. . Socialist public ownership eliminates the system of people exploiting people and implements the principle of distribution from each according to his ability and distribution according to his work.

Temporary ownership:

Article 91, paragraph 2, of the Criminal Law stipulates that “during the management, use or transportation of state agencies, state-owned companies, enterprises, collective enterprises and people’s organizations Private property shall be treated as public property. "

The essence of this provision is to determine that the property ownership is transferred at the same time as the property is transferred, and its legal basis is the relevant national regulations or the relevant contract that reflects the loan relationship.

Funds similar to the illegal income of state-owned units (such as fines and confiscations due to violations) are publicly owned at the time. If they are misappropriated or abused, they should be punished according to relevant laws and regulations on public funds. Of course, if it is determined to be illegal income, it should be turned over to the treasury or returned to the original owner in accordance with the law. This is a subsequent transfer of ownership.

Reference for the above content: Baidu Encyclopedia-Public Funds