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What is the difference between a misdemeanor, gross misdemeanor and a felony?

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What is the difference between a misdemeanor, gross misdemeanor and a felony?

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A misdemeanor charge carries a maximum penalty of up to 90 days in jail and a $1000.00 fine. A gross misdemeanor carries a maximum penalty of one year in jail and a fine of $3000.00. A felony offense carries a minimum penalty of one year and one day and a fine in excess of $3000.00.

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