The act of buying or possessing property recognized to be stolen constitutes a felony offense below California regulation. This encompasses a variety of things, from tangible items like electronics and automobiles to intangible belongings reminiscent of knowledge and mental property. For instance, buying a reduced smartphone from an unauthorized particular person figuring out it was obtained illegally would fall below this authorized definition. Intent to deprive the rightful proprietor of their property is a vital aspect of this offense.
This authorized framework serves a number of important functions. It safeguards property rights, deters theft by eliminating the marketplace for stolen items, and assists regulation enforcement in recovering stolen property and prosecuting these concerned in felony exercise. Traditionally, legal guidelines addressing the possession of stolen items have developed to replicate societal values and handle more and more subtle strategies of theft and resale. These protections contribute to a safer and simply society.