clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e
  Maryland State Archives | Index | Help | Search search for:
clear space
white space
Session Laws, 2004
Volume 801, Page 3192   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

H.B. 926

VETOES

(3) (i) For purposes of this part, a written instrument is valued as
provided by this paragraph.

(ii) The value of an instrument constituting evidence of debt,
including a check, draft, or promissory note, is the amount due or collectible on the
instrument. That value is ordinarily the face amount of the instrument, less any
portion that has been satisfied.

(iii) The value of any other instrument that creates, releases,
discharges, or otherwise affects a valuable legal right, privilege, or obligation is the
amount of economic loss the owner of the instrument might reasonably suffer because
of the loss of the instrument.

(d)     The value of a trade secret lacking a readily ascertainable market value is
a reasonable value that represents the damage the owner suffered by the loss of an
advantage over those who do not know or use the trade secret.

(e)     (1) [When] FOR THE PURPOSES OF DETERMINING WHETHER A THEFT
VIOLATION SUBJECT TO EITHER § 7-104(G)(l) OR (2) OF THIS SUBTITLE HAS BEEN
COMMITTED, WHEN it cannot be determined whether the value of the property or
service is more or less than $500 under the standards of this section, the value is
deemed to be less than $500.

(2) FOR THE PURPOSES OF DETERMINING WHETHER A THEFT
VIOLATION SUBJECT TO EITHER § 7-104(G)(2) OR (3) OF THIS SUBTITLE HAS BEEN
COMMITTED, WHEN IT CANNOT BE DETERMINED WHETHER THE VALUE OF THE
PROPERTY OR SERVICE IS MORE OR LESS THAN $100 UNDER THE STANDARDS OF
THIS SECTION, THE VALUE IS DEEMED TO BE LESS THAN $100.

(f)      When theft is committed in violation of this part under one scheme or
continuing course of conduct, whether from the same or several sources:

(1)     the conduct may be considered as one crime; and

(2)     the value of the property or services may be aggregated in
determining whether the theft is a felony or a misdemeanor.

7-104.

(g)     (1) A person convicted of theft of property or services with a value of
$500 or more is guilty of a felony and:

(i) is subject to imprisonment not exceeding 15 years or a fine not
exceeding $25,000 or both; and

(ii) shall restore the property taken to the owner or pay the owner
the value of the property or services.

(2) Except as provided in [paragraph (3)] PARAGRAPHS (3) AND (4) of
this subsection, a person convicted of theft of property or services with a value of less
than $500, is guilty of a misdemeanor and:

- 3192 -

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 2004
Volume 801, Page 3192   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  October 11, 2023
Maryland State Archives