In the state of New Jersey, grand larceny is called grand theft. If the money or value of the property stolen is $400 or more, it is considered grand theft. This can be charged as either a felony or misdemeanor.
Chat with our AI personalities
Any amount is considered larceny (refered to as "theft" in MD's law). Even stealing a fraction of a cent worth of property is theft. The only difference is the reaction of the person stolen from and the police if they are called. That is to say, most people would probably forgive a theft of 1 cent and not bother doing anything, but by the letter of the law it is still theft.
Maryland does not use the term "grand larceny" or "grand theft." Rather, specific punishments are set based on several different value ranges.
The lowest is Theft under $100. It is a misdemeanor and carries a max sentence of 90 days in jail and/or a fine of up tp $500
Theft under $1000 dollars is also a misdemeanor. 18 months and/or $500
Theft between $1,000 and $10,000 is a felony. 10 years and/or $10,000
Between $10,000 and $100,000 is a felony. 15 years and/or $15,000
More than $100,000 is a felony. 25 years and/or $25,000
The state of Maryland recognizes two types of larceny: grand theft and petty theft. If the value of the stolen property exceeds $1,000, this is considered grand theft.
Grand theft is when someone steals more than certain amount determined in that state laws. Usually over a thousand dollars, but it can vary from state to state.