Full question:
What is the exact dollar amount or dollar range for a "larceny" to become "grand larceny"?
- Category: Criminal
- Date:
- State: Indiana
Answer:
In Indiana, larceny is classified as theft. A person commits theft when they knowingly or intentionally exert unauthorized control over someone else's property with the intent to deprive the owner of its value or use. This is considered a Class D felony.
However, if the fair market value of the stolen property is at least one hundred thousand dollars ($100,000), the offense escalates to a Class C felony (Ind. Code § 35-43-4-2).
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.