Sec. 253. (a) Except as provided in subsection (c), “property” means anything of value. The term includes:

(1) a gain or advantage or anything that might reasonably be regarded as such by the beneficiary;

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Terms Used In Indiana Code 35-31.5-2-253

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
(2) real property, personal property, money, labor, and services;

(3) intangibles;

(4) commercial instruments;

(5) written instruments concerning labor, services, or property;

(6) written instruments otherwise of value to the owner, such as a public record, deed, will, credit card, or letter of credit;

(7) a signature to a written instrument;

(8) extension of credit;

(9) trade secrets;

(10) contract rights, choses-in-action, and other interests in or claims to wealth;

(11) electricity, gas, oil, and water;

(12) captured or domestic animals, birds, and fish;

(13) food and drink;

(14) human remains; and

(15) data.

     (b) Property is that “of another person” if the other person has a possessory or proprietary interest in it, even if an accused person also has an interest in that property.

     (c) “Property”, for purposes of IC 35-47.5, has the meaning set forth in IC 35-47.5-2-12.

As added by P.L.114-2012, SEC.67. Amended by P.L.158-2013, SEC.381.