Answer first: G.S. 14-72(a) draws the main line at more than $1,000 for Class H felony larceny.
Value disputes and early negotiation matter before a hasty plea. Theft defense
FAQ
When is larceny a felony?
G.S. 14-72(a): more than $1,000 is Class H felony; $1,000 or less is Class 1 misdemeanor, subject to other elevating provisions.
Does paying a civil demand end the criminal case?
No. Civil demand letters are separate from prosecution.
Receiving stolen goods?
Also addressed in G.S. 14-72 with different elements.
General information about North Carolina law, not legal advice. Not an attorney-client relationship. No outcome guaranteed. Statutes: ncleg.gov. Legal services by Martine Law, PLLC. Attorney advertising.