2016 Colorado Revised Statutes
Title 18 - Criminal Code
Article 5 - Offenses Involving Fraud
Part 5 - Offenses Relating to the Uniform Commercial Code
§ 18-5-511. Mortgaged goods receipt - penalty

CO Rev Stat ยง 18-5-511 (2016) What's This?

Any person who deposits goods to which the person does not have title, or upon which there is a security interest in personal property, as security interest is defined in section 4-1-201 (b) (35), C.R.S., and who takes for such goods a negotiable receipt that the person afterwards negotiates for value with intent to deceive and without disclosing the person's want of title or the existence of such security interest, commits a class 2 misdemeanor.

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