N.C. Gen. Stat. § 14-86.5

Current through Session Law 2024-3

Section 14-86.5 - Definitions

The following definitions apply in this Article:

(1) "Retail property." - Any new article, product, commodity, item, or component intended to be sold in retail commerce.

(2) "Retail property fence." - A person or business that buys retail property knowing or believing that retail property is stolen.

(3) "Theft." - To take possession of, carry away, transfer, or cause to be carried away the retail property of another with the intent to steal the retail property.

(4) "Value." - The retail value of an item as advertised by the affected retail establishment, to include all applicable taxes.

N.C. Gen. Stat. § 14-86.5

Added by 2007 N.C. Sess. Laws 373,s. 3, eff. 12/1/2007.