Colorado Code § 18-5-510

Delivery of goods without receipt - penalty
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A warehouse, as defined in
section 4-7-102 (a)(13), C.R.S., or any officer, agent, or servant of a warehouse, that delivers
goods out of the possession of such warehouse, knowing that a negotiable receipt the negotiation
of which would transfer the right of the possession of those goods is outstanding and
uncancelled, without obtaining the possession of that receipt at or before the time of the delivery,
except the cases provided for in section 4-7-601, C.R.S., commits a class 2 misdemeanor.

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