Statutes > New York Statutes > PEN - Penal > Part 3 - SPECIFIC OFFENSES > Title J - OFFENSES INVOLVING THEFT > Article 165 - (165.00 - 165.74) OTHER OFFENSES RELATING TO THEFT > 165.54 - Criminal possession of stolen property in the first degree.

165.54 - Criminal possession of stolen property in the first degree.

§ 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.