(a) A person commits the crime of removal of identification marks if, with intent to cause interruption to the ownership of another, the person defaces, erases, or otherwise alters or attempts to deface, erase, or otherwise alter any serial number or identification mark placed or inscribed on a propelled vehicle, bicycle, firearm, movable or immovable construction tool or equipment, appliance, merchandise, or other article or its component parts.
(b) Removal of identification marks is
(1) a class C felony if the value of the property on which the serial number or identification mark appeared is $750 or more;
(2) a class A misdemeanor if the value of the property on which the serial number or identification mark appeared is $250 or more but less than $750;
(3) a class B misdemeanor if the value of the property on which the serial number or identification mark appeared is less than $250.
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