Texas Penel Code classifies it as Theft. The value of the item or the taken cash define the classification of the charge. Misdemeanor theft or felony theft. Punishments :
Misdeameanors- Class A - Fine up to $4,000 & or Jail up 1 year, Class B - Fine up to $2,000 & or 180 days in Jail, Class C - Fine $500.
Felony - 1st Degree - Fine up to $10,000 & or 5 to 99 years, 2nd Degree - Fine up to $10,000 & or 2 to 20 years, 3rd Degree - Fine up to $10,000 & or 2 to 10 years.
Grand Larceny is theft or larceny of over $1,000. (or in some cases over $3,000.) in MY state.
Usually, there are only two ways to charge a Larceny offense - GRAND Larceny and PETIT Larceny. The difference bewtween them is the value of the goods that were stolen and this amount changes from state-to-state.
Texas is a state. A grand state too, many believe.
Grand larceny penalties will depend on the degree. Each state will be slightly different but if it is considered first degree you could spend 25 years in prison.
a felony 3 to 5 years
The value of the property stolen. It depends on the law of the state in which you live. Petit larceny is usually a misdemeanor and grand larceny is a felony. In Nevada, for instance, if you steal $250 or more, it is grand larceny.
Unable to answer - insufficient information. It depends on whether it is Petit Larceny (a Misdemeanor) or Grand Larceny (a Felony) - the past record of the perpetrator - and what penalty your particular state statute attaches to it.
In Texas, grand larceny is classified as theft of property valued at $2,500 or more. The sentencing recommendations can vary based on the value of the stolen property. Generally, it is considered a state jail felony, punishable by 180 days to 2 years in a state jail and/or a fine of up to $10,000. If the value exceeds $30,000, it can escalate to a third-degree felony, with harsher penalties.
The amount needed to commit grand larceny varies by jurisdiction but typically involves stealing property exceeding a certain value (often over $1,000). The specific amount required to meet the threshold for grand larceny can be determined by consulting the criminal code of the relevant state or country.
The crime of 'grand larceny' in Ohio is actually referred to as 'grand theft'. Grand theft is when someone takes (steals) property, or refuses to pay for services, that values at least $7,500 but values less than $150,000.
Grand larceny penalties will depend on the degree. Each state will be slightly different but if it is considered first degree you could spend 25 years in prison.
Petty (originally petit) Larceny is typically any type of theft that has a value of 250 to 500 dollars worth of goods being stolen or destroyed. Above 500 and you get into Grand Larceny. Basic legal term.