Larceny is the lawful term for burglary. There are several forms of larceny, but its basic interpretation is the taking of someone else’s building from a location aside from their residence and without the use of pressure. Larceny is distinguished from robbery, that includes the usage or danger of pressure, and also theft, which involves unjustifiably getting in a residence or various other building in order to take something. But what is grand larceny in Oklahoma?

Oklahoma Grand Larceny Law

In Oklahoma, grand larceny is larceny committed in either of the following cases:

  • When the property taken is of value exceeding One Thousand Dollars ($1,000.00).
  • When such property, although not of value exceeding One Thousand Dollars ($1,00.00), is taken from the person of another.

Grand larceny is a felony punishable by imprisonment in the State Penitentiary based on the value of the property taken:

  • If the property is taken from another, includes one or more firearms, or is valued at One Thousand Dollars ($1,000.00) but less than Two Thousand Five Hundred Dollars ($2,500.00), then the punishment range is up to two (2) years in prison.
  • If the value of the goods taken is Two Thousand Five Hundred Dollars ($2,500.00) or more, but less than Fifteen Thousand Dollars ($15,000.00), then an offender will face imprisonment for up to five (5) years upon conviction.
  • If the value of the goods is Fifteen Thousand Dollars ($15,000.00) or more, then a conviction can result in up to eight (8) years in prison under the custody and control of the Oklahoma Department of Corrections.

What is Larceny

Larceny is the lawful term for burglary. There are several forms of larceny, but its basic interpretation is the taking of someone else’s building from a location aside from their residence and without the use of pressure. Larceny is distinguished from robbery, that includes the usage or danger of pressure, and also theft, which involves unjustifiably getting in a residence or various other building in order to take something.

Degrees of Larceny in Oklahoma

Oklahoma legislation separates larceny right into 2 degrees: grand as well as petit.

Grand larceny in Oklahoma occurs when the property involved surpasses $1,000 in worth or when the property is drawn from the person of one more, regardless of the worth
Petit larceny involves the burglary of residential or commercial property valued at less than $500.
Charges.

The penalties related to larceny depend on the scenarios of the case and also whether the charge is grand or petit larceny.

Grand larceny in Oklahoma is a felony as well as lugs a prospective jail sentence of 5 years, a penalty of up to $5,000 and an order to pay restitution if the worth went beyond $1,000; if the value did not exceed $1,000, the prison sentence might not surpass one year and also the fine might depend on $1,000.