Iowa Theft Policy

State:
Multi-State
Control #:
US-240EM
Format:
Word; 
Rich Text
Instant download

Description

This policy informs employees that theft from the company or other employees will not be tolerated.

How to fill out Theft Policy?

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FAQ

First degree: Theft of property exceeding $10,000 is a class C felony. Second degree: Theft of property valued between $10,000 and $1,000 is a class D felony. Third degree: Theft of property valued between $1,000 and $500 is an aggravated misdemeanor.

Like many states, Iowa classifies its theft offenses according to the value of the stolen property or services. Theft involving property or services valued at $1,500 or less constitutes a misdemeanor, and anything over that amount raises the penalty to a felony.

Fifth-degree theft occurs when a person takes property valued at no more than $300. Although considered the least severe offense, fifth-degree theft is still a serious charge. It's a simple misdemeanor that can result in: Up to 30 days in jail and/or.

Theft in the second degree: The theft of property exceeding $1,500 but not exceeding $10,000 in value or theft of a motor vehicle. This is a class D felony and punishable by up to five years in prison and a fine not to exceed $10,245. In addition to the fine, there is a 15% surcharge and $100 court costs.

Theft of property valued up to $200 is a simple misdemeanor. From $200 to $500 is a serious misdemeanor. From $500 to $1,000 is an aggravated misdemeanor. From $1,000 to $10,000 is a Class D felony, as is the theft of an automobile or motorcycle.

In Iowa, there are five (5) levels of theft a person can be charged. The five levels are first degree theft, second degree theft, third degree theft, fourth degree theft, and fifth degree theft.

Theft of property with a value ranging between $300 and $750 is classified as a serious misdemeanor. A person convicted of a serious misdemeanor faces a fine of $315 to $1,875 and up to a year in jail.

This is a class "C" felony. Second degree: When the value of the property is more than $1,500 but not more than $10,000.

Theft of property valued up to $200 is a simple misdemeanor. From $200 to $500 is a serious misdemeanor. From $500 to $1,000 is an aggravated misdemeanor. From $1,000 to $10,000 is a Class D felony, as is the theft of an automobile or motorcycle.

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Iowa Theft Policy