N.Y. Penal Law Section 165.55
Criminal possession of stolen property

presumptions

1.

A person who knowingly possesses stolen property is presumed to possess it with intent to benefit himself or a person other than an owner thereof or to impede the recovery by an owner thereof.

2.

A collateral loan broker or a person in the business of buying, selling or otherwise dealing in property who possesses stolen property is presumed to know that such property was stolen if he obtained it without having ascertained by reasonable inquiry that the person from whom he obtained it had a legal right to possess it.

3.

A person who possesses two or more stolen credit cards, debit cards or public benefit cards is presumed to know that such credit cards, debit cards or public benefit cards were stolen.

4.

A person who possesses three or more tickets or equivalent instrument for air transportation service, which tickets or instruments were stolen by reason of having been obtained from the issuer or agent thereof by the use of one or more stolen or forged credit cards, is presumed to know that such tickets or instruments were stolen.

Source: Section 165.55 — Criminal possession of stolen property; presumptions, https://www.nysenate.gov/legislation/laws/PEN/165.55 (updated Sep. 22, 2014; accessed Nov. 8, 2025).

165.00
Misapplication of property 165.05
Unauthorized use of a vehicle in the third degree 165.06
Unauthorized use of a vehicle in the second degree 165.07
Unlawful use of secret scientific material 165.08
Unauthorized use of a vehicle in the first degree 165.09
Auto stripping in the third degree 165.10
Auto stripping in the second degree 165.11
Auto stripping in the first degree 165.15
Theft of services 165.16
Unauthorized sale of certain transportation services 165.17
Unlawful use of credit card, debit card or public benefit card 165.20
Fraudulently obtaining a signature 165.25
Jostling 165.30
Fraudulent accosting 165.35
Fortune telling 165.40
Criminal possession of stolen property in the fifth degree 165.45
Criminal possession of stolen property in the fourth degree 165.50
Criminal possession of stolen property in the third degree 165.52
Criminal possession of stolen property in the second degree 165.54
Criminal possession of stolen property in the first degree 165.55
Criminal possession of stolen property 165.60
Criminal possession of stolen property 165.65
Criminal possession of stolen property 165.66
Fostering the sale of stolen goods 165.70
Definitions 165.71
Trademark counterfeiting in the third degree 165.72
Trademark counterfeiting in the second degree 165.73
Trademark counterfeiting in the first degree 165.74
Seizure and distribution or destruction of goods bearing counterfeit trademarks

Verified:
Nov. 8, 2025

Last modified:
Sep. 22, 2014

§ 165.55. Crim. possession of stolen property's source at nysenate.gov

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Location: https://newyork.public.law/laws/n.y._penal_law_section_165.55

Original Source: Section 165.55 — Criminal possession of stolen property; presumptions, https://www.nysenate.gov/legislation/laws/PEN/165.55 (last accessed Nov. 8, 2025).