California · Penal Code
PEN §487h: (a) Every person who steals, takes, or carries away cargo of another, if the cargo taken is of a value exceeding nine hundred fifty dollars ($950), except as provided in Sections 487, 487a, and 487d,
What this law says, in plain English
A person who steals cargo valued over $950 is guilty of grand theft. Cargo includes goods loaded into trailers, railcars, or containers awaiting or in transit.
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