Criminal Law Questions? Ask a Criminal Lawyer.
Texas Penel Code classifies grand larceny as "Theft". The value of the item or the taken cash define the classification of the charge. Misdemeanor theft or felony theft. Punishments : Misdeameanors- Class A - Fine up to $4,000 & or Jail up 1 year, Class B - Fine up to $2,000 & or 180 days in Jail, Class C - Fine $500. Felony - 1st Degree - Fine up to $10,000 & or 5 to 99 years, 2nd Degree - Fine up to $10,000 & or 2 to 20 years, 3rd Degree - Fine up to $10,000 & or 2 to 10 years.
I'm sorry - I read the question wrong.
According to Tex. Crim. Proc. §12.01; 12.02; 12.05, the statute of limitations is 5 years from the date of the alleged act.