A punishment of confinement for not more than 10 years or less than 2 years, a fine not to exceed $10,000, or both is classified as what type of felony?

The classification of a felony with a punishment range of confinement for not more than 10 years or less than 2 years, along with a potential fine not exceeding $10,000, corresponds to a third degree felony.

In legal terms, third degree felonies typically involve crimes that are serious but less severe than first or second degree felonies. This classification reflects a balance between the gravity of the crime and the potential consequences. Third degree felonies are often associated with mid-level offenses that warrant significant penalties, hence the specified range of imprisonment and the fine amount.

This understanding is crucial for appreciating the broader context of felony classifications within penal codes, as it distinguishes between varying degrees of offense severity and corresponding legal repercussions.