Colorado · Colorado Revised Statutes — Title 18, Criminal Code
C.R.S. Title 18 § 18-5-803: Equity skimming of a vehicle
What this law says, in plain English
Equity skimming of a vehicle occurs when a person accepts control of a financed or leased vehicle and sells or leases it without creditor authorization or fails to pay off the debt within 30 days. Penalties range from petty offense to class 2 felony based on dollar amount involved.
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This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.