What is the standard for determining the value of stolen property?

California, United States of America


The following excerpt is from People v. Burgess, E063299 (Cal. App. 2016):

Defendant has proposed a third approach, which we believe is consistent with "California's settled legal standard for determining the 'value' of stolen property." That standard is "'the fair market value of the property and not the value of the property to any particular individual.'" (People v. Lizarraga (1954) 122 Cal.App.2d 436, 438, quoting

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