1. The value of property is its highest value by any reasonable standard at the time that it is
stolen. Reasonable standard includes but is not limited to market value within the community,
actual value, or replacement value.
2. If money or property is stolen from the same person or location by two or more acts, or
from different persons by two or more acts which occur in approximately the same location
or time period, or from different locations by two or more acts within a thirty-day period,\n\nTue Dec 09 21:56:23 2025 Iowa Code 2026, Chapter 714 (49, 2)
7 THEFT, FRAUD, AND RELATED OFFENSES, §714.6A\n\nso that the thefts are attributable to a single scheme, plan, or conspiracy, these acts may be
considered a single theft and the value may be the total value of all the property stolen.
[C51, §2625; R60, §4250; C73, §3909, 3914; C97, §4842, 4849; C24, 27, 31, 35, 39, §13007,
13032; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, §709.3, 710.6; C79, 81, §714.3]
84 Acts, ch 1162, §1; 85 Acts, ch 195, §60; 2004 Acts, ch 1087, §1
Referred to in §714.2B
\n
Notes of Decisions
State v. Amsden, 300 N.W.2d 882 (Iowa 1981).
· cites it 37× “In this appeal from a grant of a new trial in a prosecution for first-degree theft, we construe section 714.3, The Code 1979: Value. The value of property is its normal market or exchange value within the community at the time that it is *883 stolen.”
State v. Chrisman, 514 N.W.2d 57 (Iowa 1994).
· cites it 14× “His primary contention is that Iowa Code section 714.3 requires that his acts should have been considered as one theft.”
State v. Savage, 288 N.W.2d 502 (Iowa 1980).
· cites it 12× “"Value" of the property is defined by section 714.3 to be "its normal market or exchange value within the community at the time that it is stolen.”
State v. Jacobs, 644 N.W.2d 695 (Iowa 2001).
· cites it 6× “He bases his contention on Iowa Code sections 714.3, 714.14, and 715A.7 and on double-jeopardy and double-punishment theories.”
State v. Scott, 405 N.W.2d 829 (Iowa 1987).
· cites it 12× “Compare Iowa Code § 714.3 (1985) (Property value is its “highest value by any reasonable standard at the time that it is stolen.”
State v. Washington, 356 N.W.2d 192 (Iowa 1984).
· cites it 6× “Instruction 14A, which was based on Iowa Code section 714.3, stated: DEFINITIONSINGLE THEFT The law provides that: "If money or property is stolen by a series of acts from the same person or location, or from different persons by a series of acts which occur in approximately…”
State v. Jacobs, 607 N.W.2d 679 (Iowa 2000).
· cites it 2× “See Iowa Code § 714.3 ; State v. Chrisman, 514 N.”
State v. Kluge, 672 N.W.2d 506 (Iowa Ct. App. 2003).
· cites it 4× “” Iowa Code § 714.3 . In addition, a “reasonable standard” may include “market value within the community, actual value, or replacement value.”
State v. Post, 286 N.W.2d 195 (Iowa 1979).
· cites it 2× “The basis for his argument is that the definition of value in section 714.3, The Code 1979, makes such a showing a prerequisite to aggregation.”
State v. Olsen, 618 N.W.2d 346 (Iowa 2000).
· cites it 3× “” Olsen does not believe the legislature could have intended to make multiple acts of theft into the crime of ongoing criminal conduct because section 714.3 already permits multiple acts of theft from the same person to be considered a single offense, using the total value of…”
State v. Allison, 576 N.W.2d 371 (Iowa 1998).
· cites it 3× “*373 The State concedes that unlike the theft statute found in Iowa Code section 714.3, chapter 715A does not contain any language which expressly provides for the aggregation of the value of items obtained through the use of a stolen credit card.”
— Iowa Code § 714.3(1) — 1 case
— Iowa Code § 714.3(2) — 2 cases
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