Section 11.46.980. Determination of value; aggregation of amounts.

   (a) In this chapter, whenever it is necessary to determine the value of property, that value is the market value of the property at the time and place of the crime unless otherwise specified or, if the market value cannot reasonably be ascertained, the cost of replacement of the property within a reasonable time after the crime.
   (b) The value of written instruments, exclusive of public and corporate bonds and securities and other instruments having a readily ascertainable market value, shall be determined in the following manner:
        (1) the value of an instrument constituting an evidence of debt, including a check, draft, or promissory note, is the amount due or collected on the instrument;
        (2) the value of any other instrument that affects a valuable legal right, privilege, or obligation shall be considered the greatest amount of economic loss that the owner of the instrument might reasonably incur because of the loss of the instrument.
   (c) In determining the degree or classification of a crime under this chapter, amounts involved in criminal acts committed under one course of conduct, whether from the same person or several persons, shall be aggregated.
   (d) In making a finding related to the degree or classification of a crime under this chapter, a court shall refer to the most recent property value threshold set by the Alaska Judicial Council under AS 11.46.982.

Authorities

47.05.230

Notes

Recent Bills that will modify this

SB 91 OMNIBUS CRIM LAW & PROCEDURE; CORRECTIONS

References

AS 47.05.230 Determination of value; aggregation of amounts.

History

(Sec. 4 ch 166 SLA 1978; am Sec. 24 ch 36 SLA 2016)