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:
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