C.R.S. Section 18-5-803
Equity skimming of a vehicle


(1)

A person commits equity skimming of a vehicle if, knowing the vehicle is subject to a security interest, lien, or lease, he accepts possession of or exercises any control over the vehicle in exchange for consideration given which may be verbal assurance or otherwise, and:

(a)

Obtains or exercises control over the vehicle of another and then sells or leases the vehicle to a third party without first obtaining written authorization from the secured creditor, lessor, or lienholder for the transaction of the sale or lease to the third party, unless the entire balance of the security interest, lien, or lease is paid or satisfied within thirty days of said transaction; or

(b)

Arranges the sale or lease of the vehicle of another to a third party without first obtaining written authorization from the secured creditor, lessor, or lienholder for the transaction of the sale or lease to the third party and exercises control over any part of the funds received, unless the entire balance of the security interest, lien, or lease is paid or satisfied within thirty days of said transaction; or

(c)

Knowingly fails to ascertain on a monthly basis whether payments are due to the secured creditor, lienholder, or lessor and to apply all funds he receives for any lease or sale of the vehicle toward the satisfaction of any outstanding payment due to the secured creditor, lienholder, or lessor in a timely manner.

(2)

Equity skimming of a vehicle is:

(a)

A petty offense if the amount is less than three hundred dollars;

(b)

A class 2 misdemeanor if the amount is three hundred dollars or more but less than one thousand dollars;

(c)

A class 1 misdemeanor if the amount is one thousand dollars or more but less than two thousand dollars;

(d)

A class 6 felony if the amount is two thousand dollars or more but less than five thousand dollars;

(e)

A class 5 felony if the amount is five thousand dollars or more but less than twenty thousand dollars;

(f)

A class 4 felony if the amount is twenty thousand dollars or more but less than one hundred thousand dollars;

(g)

A class 3 felony if the amount is one hundred thousand dollars or more but less than one million dollars; and

(h)

A class 2 felony if the amount is one million dollars or more.

Source: Section 18-5-803 — Equity skimming of a vehicle, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-18.­pdf (accessed Oct. 20, 2023).

18‑5‑101
Definitions
18‑5‑102
Forgery
18‑5‑104
Second degree forgery
18‑5‑104.5
Use of forged academic record
18‑5‑105
Criminal possession of a forged instrument
18‑5‑107
Criminal possession of second degree forged instrument
18‑5‑108
Merger of offenses
18‑5‑109
Criminal possession of forgery devices
18‑5‑110
Criminal simulation
18‑5‑110.5
Trademark counterfeiting
18‑5‑111
Unlawfully using slugs
18‑5‑112
Obtaining signature by deception
18‑5‑113
Criminal impersonation
18‑5‑114
Offering a false instrument for recording
18‑5‑116
Controlled substances - inducing consumption by fraudulent means
18‑5‑205
Fraud by check - definitions - penalties
18‑5‑206
Defrauding a secured creditor or debtor
18‑5‑207
Purchase on credit to defraud
18‑5‑208
Dual contracts to induce loan
18‑5‑209
Issuing a false financial statement - obtaining a financial transaction device by false statements
18‑5‑210
Receiving deposits in a failing financial institution
18‑5‑211
Insurance fraud - definitions
18‑5‑301
Fraud in effecting sales
18‑5‑302
Unlawful activity concerning the selling of land
18‑5‑303
Bait advertising
18‑5‑304
False statements as to circulation
18‑5‑305
Identification number - altering - possession
18‑5‑307
Fee paid to private employment agencies
18‑5‑308
Electronic mail fraud
18‑5‑309
Money laundering - illegal investments - penalty - definitions
18‑5‑401
Commercial bribery and breach of duty to act disinterestedly
18‑5‑402
Rigging publicly exhibited contests
18‑5‑403
Bribery in sports
18‑5‑501
Definitions
18‑5‑502
Failure to pay over assigned accounts
18‑5‑504
Concealment or removal of secured property
18‑5‑505
Failure to pay over proceeds unlawful
18‑5‑506
Fraudulent receipt - penalty
18‑5‑507
False statement in receipt - penalty
18‑5‑508
Duplicate receipt not marked - penalty
18‑5‑509
Warehouse’s goods mingled - receipts - penalty
18‑5‑510
Delivery of goods without receipt - penalty
18‑5‑511
Mortgaged goods receipt - penalty
18‑5‑512
Issuance of bad check
18‑5‑701
Definitions
18‑5‑702
Unauthorized use of a financial transaction device
18‑5‑705
Criminal possession or sale of a blank financial transaction device
18‑5‑706
Criminal possession of forgery devices
18‑5‑707
Unlawful manufacture of a financial transaction device
18‑5‑801
Definitions
18‑5‑802
Equity skimming of real property
18‑5‑803
Equity skimming of a vehicle
18‑5‑804
Civil action
18‑5‑901
Definitions
18‑5‑902
Identity theft
18‑5‑903
Criminal possession of a financial device
18‑5‑903.5
Criminal possession of an identification document
18‑5‑904
Gathering identity information by deception
18‑5‑905
Possession of identity theft tools
Green check means up to date. Up to date

Current through Fall 2024

§ 18-5-803’s source at colorado​.gov