New York statute
N.Y. Penal Law § 165.54 — Criminal possession of stolen property in the first degree
Current through 2026 legislative session (LBDC text via OpenLegislation as of 2026-07-17)
Part of Article 165: Other Offenses Relating to Theft, New York Penal Law.
Full text of N.Y. Penal Law § 165.54
Statutory text current through the 2026 legislative session (LBDC text via OpenLegislation as of 2026-07-17). This publication reproduces the text of the Consolidated Laws of New York as provided by the New York State Senate's Open Legislation service (Legislative Bill Drafting Commission statutory text); it is not the official statutes of the State of New York.
165.54 Criminal possession of stolen property in the first degree.
A person is guilty of criminal possession of stolen property in the
first degree when he knowingly possesses stolen property, with intent to
benefit himself or a person other than an owner thereof or to impede the
recovery by an owner, and when the value of the property exceeds one
million dollars.
Criminal possession of stolen property in the first degree is a class
B felony.
Official sources
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This reference is informational and is not legal advice.