- published: 22 May 2016
- views: 32911
Grand theft or grand larceny is a category used to rank the severity of crime associated with theft.
Generally, in the United States it is defined as intentional taking property of others in an amount exceeding the state statutory amount.
Grand theft occurs when an action that occurred meets the criteria for the applicable jurisdiction.
Specifics vary widely between states. Some exemptions include: theft of agricultural produce, based on current wholesale value at the time of incident exceeding $250; firearm theft; motor vehicle theft; or bovine animals regardless of value.
Grand theft is committed when the value of stolen property exceeds $400. Theft is also considered grand theft when more than $250 in crops or marine life-forms are stolen, “when the property is taken from the person of another,” or when the property stolen is an automobile, farm animal, or firearm. There are a number of criminal statutes in the California Penal Code defining grand theft in different amounts. Most common amount is $950.00 (a relatively small amount).