Colorado Code
Part 2 - Fraud in Obtaining Property or Services
§ 18-5-207. Purchase on Credit to Defraud

A person who purchases any personal property on credit and thereafter, before paying for it, sells, hypothecates, pledges, or disposes of it with intent to defraud the seller or vendor commits a class 2 misdemeanor.
Source: L. 71: R&RE, p. 440, § 1. C.R.S. 1963: § 40-5-207.