\nThe following definitions apply in this Article:\n(1) 'Retail property.' – Any new article, product, commodity, item, or component intended to be sold in retail commerce.\n(2) 'Retail property fence.' – A person or business that buys retail property knowing or believing that retail property is stolen.\n(3) 'Theft.' – To take possession of, carry away, transfer, or cause to be carried away the retail property of another with the intent to steal the retail property.\n(4) 'Value.' – The retail value of an item as advertised by the affected retail establishment, to include all applicable taxes. (2007-373, s. 3.)
North Carolina Legal Code