CODE OF VIRGINIA CONVICTION OF PETIT LARCENY (§ 19.2-289) In a prosecution for grand larceny, if it be found that the thing stolen is of less value than $ 200, the jury may find the accused guilty of petit larceny. HISTORY: Code 1950, § 19.1-252; 1960, c. 366; 1966, c. 247; 1975, c. 495; 1981, c. 197.