§ 7-103. Determination of value
West's Annotated Code of MarylandCriminal LawEffective: October 1, 2017
Effective: October 1, 2017
MD Code, Criminal Law, § 7-103
Formerly cited as MD CODE Art. 27, § 340
§ 7-103. Determination of value
(a) In this section, “value” means:
(b) The value of property or service under this part shall be determined in accordance with this section.
(c)(1) Except as provided in paragraph (2) of this subsection, this subsection applies to a written instrument whether or not the instrument has been issued or delivered.
(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) For the purposes of determining whether a theft violation subject to either § 7-104(g)(1) 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 $1,500 under the standards of this section, the value is deemed to be less than $1,500.
(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:
Credits
Added by Acts 2002, c. 26, § 2, eff. Oct. 1, 2002. Amended by Acts 2002, c. 479, § 2, eff. Oct. 1, 2002; Acts 2002, c. 480, § 2, eff. Oct. 1, 2002; Acts 2004, c. 130, § 1, eff. Oct. 1, 2004; Acts 2016, c. 8, § 1, eff. March 14, 2016; Acts 2017, c. 62, § 2, eff. Oct. 1, 2017.
MD Code, Criminal Law, § 7-103, MD CRIM LAW § 7-103
Current with all legislation from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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