CO Code § 18-5-206 (2021)
2021 Colorado Code|Title 18 - Criminal Code|Article 5 - Offenses Involving Fraud|Part 2 - Fraud in Obtaining Property or Services|§ 18-5-206. Defrauding a Secured Creditor or Debtor - Repeal

  If a person, with intent to defraud a creditor by defeating, impairing, or rendering worthless or unenforceable any security interest, sells, assigns, transfers, conveys, pledges, encumbers, conceals, destroys, or disposes of any collateral subject to a security interest, the person commits:   (Deleted by amendment,L. 2007, p. 1694, 9, effective July 1, 2007.)      A class 1 petty offense if the value of the collateral is less than fifty dollars; (b) (I) A class 1 petty offense if the value of the collateral is less than fifty dollars;    This subsection (1)(b) is repealed, effective March 1, 2022.  (b.5) (Deleted by amendment, L. 2014.)        [ ] A class 3 misdemeanor if the value of the collateral is fifty dollars or more but less than three hundred dollars;    [ ] A class 2 misdemeanor if the value of the collateral is three hundred dollars or more but less than seven hundred fifty dollars;    [ ] A class 1 misdemeanor if the value of the collateral is seven hundred fifty dollars or more but less than two thousand dollars;    A class 6 felony if the value of the collateral is two thousand dollars or more but less than five thousand dollars;    A class 5 felony if the value of the collateral is five thousand dollars or more but less than twenty thousand dollars;    A class 4 felony if the value of the collateral is twenty thousand dollars or more but less than one hundred thousand dollars;    A class 3 felony if the value of the collateral is one hundred thousand dollars or more but less than one million dollars; and    A class 2 felony if the value of the collateral is one million dollars or more.       If a creditor, with intent to defraud a debtor, sells, assigns, transfers, conveys, pledges, buys, or encumbers a promissory note or contract signed by the debtor, the creditor commits:   (Deleted by amendment,L. 2007, p. 1694, 9, effective July 1, 2007.)      A class 1 petty offense if the amount owing on the note or contract is less than fifty dollars; (b) (I) A class 1 petty offense if the amount owing on the note or contract is less than fifty dollars;    This subsection (2)(b) is repealed, effective March 1, 2022.  (b.5) (Deleted by amendment, L. 2014.)        [ ] A class 3 misdemeanor if the amount owing on the note or contract is fifty dollars or more but less than three hundred dollars;    [ ] A class 2 misdemeanor if the amount owing on the note or contract is three hundred dollars or more but less than seven hundred fifty dollars;    [ ] A class 1 misdemeanor if the amount owing on the note or contract is seven hundred fifty dollars or more but less than two thousand dollars;    A class 6 felony if the amount owing on the note or contract is two thousand dollars or more but less than five thousand dollars;    A class 5 felony if the amount owing on the note or contract is five thousand dollars or more but less than twenty thousand dollars;    A class 4 felony if the amount owing on the note or contract is twenty thousand dollars or more but less than one hundred thousand dollars;    A class 3 felony if the amount owing on the note or contract is one hundred thousand dollars or more but less than one million dollars; and    A class 2 felony if the amount owing on the note or contract is one million dollars or more.        Editor's note: This version of subsection (1)(c) is effective until March 1, 2022.  (c) [ ] A petty offense if the value of the collateral is less than three hundred dollars;  Editor's note: This version of subsection (1)(c) is effective March 1, 2022. Editor's note: This version of subsection (1)(d) is effective until March 1, 2022.  (d) [ ] A class 2 misdemeanor if the value of the collateral is three hundred dollars or more but less than one thousand dollars;  Editor's note: This version of subsection (1)(d) is effective March 1, 2022. Editor's note: This version of subsection (1)(e) is effective until March 1, 2022.  (e) [ ] A class 1 misdemeanor if the value of the collateral is one thousand dollars or more but less than two thousand dollars;  Editor's note: This version of subsection (1)(e) is effective March 1, 2022.  Editor's note: This version of subsection (2)(c) is effective until March 1, 2022.  (c) [ ] A petty offense if the amount owing on the note or contract is less than three hundred dollars;  Editor's note: This version of subsection (2)(c) is effective March 1, 2022. Editor's note: This version of subsection (2)(d) is effective until March 1, 2022.  (d) [ ] A class 2 misdemeanor if the amount owing on the note or contract is three hundred dollars or more but less than one thousand dollars;  Editor's note: This version of subsection (2)(d) is effective March 1, 2022. Editor's note: This version of subsection (2)(e) is effective until March 1, 2022.  (e) [ ] A class 1 misdemeanor if the amount owing on the note or contract is one thousand dollars or more but less than two thousand dollars;  Editor's note: This version of subsection (2)(e) is effective March 1, 2022.  History. Source: L. 71: R&RE, p. 440, § 1. C.R.S. 1963: § 40-5-206 . L. 75: Entire section amended, p. 620, § 14, effective July 21. L. 77: Entire section R&RE, p. 975, § 6, effective July 1. L. 84: (1)(b), (1)(c), (2)(b), and (2)(c) amended, p. 538, § 13, effective July 1, 1985. L. 89: (1)(c) and (2)(c) amended, p. 835, § 56, effective July 1. L. 92: Entire section amended, p. 436, § 7, effective April 10. L. 98: (1)(b), (1)(c), (2)(b), and (2)(c) amended, p. 1439, § 16, effective July 1; (1)(b), (1)(c), (2)(b), and (2)(c) amended, p. 796, § 7, effective July 1. L. 2007: Entire section amended, p. 1694, § 9, effective July 1. L. 2014: (1) and (2) amended,(HB 14-1266), ch. 155, p. 536, § 3, effective August 6. L. 2021: (1)(c), (1)(d), (1)(e), (2)(c), (2)(d), and (2)(e) amended,(SB 21-271), ch. 462, p. 3184, § 236, effective March 1, 2022; (1)(b)(II) and (2)(b)(II) added by revision,(SB 21-271), ch. 462, pp. 3184, 3331, §§ 236, 803.    Editor's note:   Section 803(2) of chapter 462 (SB 21-271), Session Laws of Colorado 2021, provides that the act changing this section applies to offenses committed on or after March 1, 2022.   Cross references:   For the legislative declaration contained in the 2007 act amending this section, see section 1 of chapter 384, Session Laws of Colorado 2007.   ANNOTATION   Law reviews. For article, “One Year Review of Criminal Law and Procedure”, see 36 Dicta 34 (1959).   This section applies to any valid security interest, perfected or not. People v. Armijo, 197 Colo. 91 , 589 P.2d 935 (1979).   Applied in People v. Brigner, 978 P.2d 163 (Colo. App. 1999).