§ 9.24.080. Receiving stolen property.

A.

"Receiving stolen property" means intentionally receiving, retaining or disposing of stolen property, knowing that it has been stolen or believing it has been stolen, unless the property is received, retained or disposed of with intent to restore it to the owner.

B.

The requisite knowledge or belief that property has been stolen is presumed in the case of an individual or dealer who:

1.

Is found in possession or control of property stolen from two (2) or more persons on separate occasions; or

2.

Acquires stolen property for a consideration which the individual or dealer knows is far below the property's reasonable value. A dealer shall be presumed to know the fair market value of the property in which he deals; or

3.

Is found in possession or control of five (5) or more items of property stolen within one (1) year prior to the time of the incident charged pursuant to this section.

C.

For the purposes of this section, "dealer" means a person in the business of buying or selling goods or commercial merchandise.

D.

Whoever commits receiving stolen property when the value of the property not more than five hundred dollars ($500.00) is guilty of the offense of receiving stolen property.

(Prior code § 19-64)

(Ord. No. 999, 9-8-2008)