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Code · Connecticut · Title 53a — Penal Code · CHAPTER 952* — Penal Code: Offenses

Sec. 53a-121. Value of property or services.

259 words·~1 min read·/ct/title-53a/chapter-952-penal-code-offenses/53a-121·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)For the purposes of this part, the value of property or services shall be ascertained as follows:
(1)Except as otherwise specified in this section, value means the market value of the property or services at the time and place of the crime or, if such cannot be satisfactorily ascertained, the cost of replacement of the property or services within a reasonable time after the crime.
(2)Whether or not they have been issued or delivered, written instruments, except those having a readily ascertainable market value such as some public and corporate bonds and securities, shall be evaluated as follows:
(A)The value of an instrument constituting evidence of debt, such as a check, draft or promissory note, shall be deemed the amount due or collectible thereon, such figure ordinarily being the face amount of the indebtedness less any portion thereof which has been satisfied;
(B)the value of any other instrument which creates, releases, discharges or otherwise affects any valuable legal right, privilege or obligation shall be deemed the greatest amount of economic loss which the owner of the instrument might reasonably suffer by virtue of the loss of the instrument.
(3)When the value of property or services cannot be satisfactorily ascertained pursuant to the standards set forth in this section, its value shall be deemed to be an amount less than fifty dollars.
(b)Amounts included in thefts committed pursuant to one scheme or course of conduct, whether from the same person or several persons, may be aggregated in determining the grade of the offense.
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