What is "grand theft" as defined in California Penal Code?

Grand theft, as defined in California Penal Code, specifically pertains to the theft of property valued over $950. This threshold is significant because it differentiates grand theft from petty theft. Theft of property valued at $950 or less is classified as petty theft, which carries less severe penalties.

In determining the seriousness of a theft charge, the value of the stolen property plays a crucial role. Grand theft can occur through various means, including taking someone else's property, embezzlement, or theft by false pretenses. The law focuses on the value because it reflects the potential harm to the victim and the offender’s intent. By establishing a higher value limit, the Penal Code aims to impose stricter consequences for more significant thefts, which are deemed to carry a greater societal impact. Thus, the answer precisely captures the legal definition as it applies in legal contexts and law enforcement practice.