A person is guilty of grand larceny in the first degree when he steals
property and when the value of the property exceeds one million dollars.
Grand larceny in the first degree is a class B felony.
Structure New York Laws
Title J - Offenses Involving Theft
155.00 - Larceny; Definitions of Terms.
155.20 - Larceny; Value of Stolen Property.
155.30 - Grand Larceny in the Fourth Degree.
155.35 - Grand Larceny in the Third Degree.
155.40 - Grand Larceny in the Second Degree.
155.42 - Grand Larceny in the First Degree.
155.43 - Aggravated Grand Larceny of an Automated Teller Machine.