Colorado statute

C.R.S. § 18-5-504 — Concealment or removal of secured property.

Current through 2025 Regular Session

Part of Part 5: OFFENSES RELATING TO THE UNIFORM COMMERCIAL CODE, Colorado Revised Statutes.

Criminal charges under this statute

Concealment or removal of secured property

Full text of C.R.S. § 18-5-504

Statutory text current through the 2025 Regular Session. This is an officially sanctioned publication using the official text of the Colorado Revised Statutes; it is not the official statutes of the State of Colorado.

C.R.S. § 18-5-504Primary source, current through the 2025 Regular Session

(1) If a person who has given a security interest in personal property, as security interest is defined in section 4-1-201 (b)(35), or other person with actual knowledge of the security interest, during the existence of the security interest, knowingly conceals or removes the encumbered property from the state of Colorado without written consent of the secured creditor, the person commits concealment or removal of secured property. (2) Concealment or removal of secured property 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 more than two thousand dollars 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.

Official sources

Legal terms used in this section

Questions this section answers

Is concealment or removal of secured property a felony or a misdemeanor in Colorado?

It depends on the circumstances: concealment or removal of secured property ranges from a petty offense to a class 2 felony in Colorado under C.R.S. § 18-5-504.

Concealment or removal of secured property (<$300): petty offense (C.R.S. § 18-5-504(2)(a)) · Concealment or removal of secured property ($300–$1,000): class 2 misdemeanor (C.R.S. § 18-5-504(2)(b)) · Concealment or removal of secured property ($1,000–$2,000): class 1 misdemeanor (C.R.S. § 18-5-504(2)(c)) · Concealment or removal of secured property ($2,000–$5,000): class 6 felony (C.R.S. § 18-5-504(2)(d)) · Concealment or removal of secured property ($5,000–$20,000): class 5 felony (C.R.S. § 18-5-504(2)(e)) · Concealment or removal of secured property ($20,000–$100,000): class 4 felony (C.R.S. § 18-5-504(2)(f)) · Concealment or removal of secured property ($100,000–$1,000,000): class 3 felony (C.R.S. § 18-5-504(2)(g)) · Concealment or removal of secured property (≥$1,000,000): class 2 felony (C.R.S. § 18-5-504(2)(h))

Which Colorado statute covers concealment or removal of secured property?

Concealment or removal of secured property is governed by C.R.S. § 18-5-504 (Concealment or removal of secured property).

This reference is informational and is not legal advice.