(a) Theft of property by charitable fraud which exceeds two thousand five hundred dollars ($2,500) in value constitutes theft of property by charitable fraud in the first degree.
(b) Theft of property by charitable fraud in the first degree is a Class B felony.
History: (Acts 1987, No. 87-605, p. 1052, §4; Act 2003-355, p. 962, §1.)