Colorado Code § 18-5-511

Mortgaged goods receipt - penalty
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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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