Mortgaged goods receipt - penalty

18-5-511. Mortgaged goods receipt - penalty. 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. Source: L. 71: R&RE, p. 446, � 1. C.R.S. 1963: � 40-5-511. L. 2006: Entire section amended, p. 505, � 53, effective September 1.