Section 155.42 - [Multiple versions] Grand larceny in the first degreeA person is guilty of grand larceny in the first degree when such person steals property and when :
1. The value of the property exceeds one million dollars; or2. The property consists of retail goods or merchandise stolen pursuant to a common scheme or plan or a single, ongoing intent to deprive another or others of the property or to appropriate the property to the actor or another person and the value of the property exceeds one million dollars, which value may be determined by the aggregate value of all such property regardless of whether the goods or merchandise were stolen from the same owner. Nothing in this subdivision shall be read to limit the ability to aggregate the value of any property or the ability to charge the larceny of retail goods or merchandise under another applicable provision of law. Grand larceny in the first degree is a class B felony.
Amended by New York Laws 2024, ch. 56,Sec. O-7, eff. 7/19/2024.Amended by New York Laws 2024, ch. 55,Sec. FF-4, eff. 7/19/2024.This section is set out more than once due to postponed, multiple, or conflicting amendments.