The general assembly hereby finds and determines that illicit traffic in stolen valuable articles is encouraged by the absence of any required record-keeping system by persons purchasing such valuable articles. The general assembly further finds that law enforcement officials are hindered in the identification and recovery of stolen valuable articles, and that law enforcement officials […]
As used in this article 16, unless the context otherwise requires: “Local law enforcement agency” means any marshal’s office, police department, or sheriff’s office with jurisdiction in the locality in which the purchaser makes the purchase. “Peace officer” means any undersheriff, deputy sheriff other than one appointed with authority only to receive and serve summonses […]
No purchaser shall purchase any valuable article without first securing adequate identification from the seller. The type and kind of identification shall be limited to the following: A valid Colorado driver’s license; An identification card issued in accordance with section 42-2-302, C.R.S.; A valid driver’s license, containing a picture, issued by another state; A military […]
No purchaser shall purchase any valuable article from any person under the age of eighteen years. Source: L. 81: Entire article added, p. 1013, § 1, effective May 22.
Every purchaser of valuable articles shall keep a register, in a permanent, well-bound book, in which he shall record the following information: The name, address, and date of birth of the seller and his driver’s license number or other I.D. number from any other allowed form of identification pursuant to section 18-16-103; the date, time, […]
Except as provided in subsection (2) of this section, a purchaser shall hold all valuable articles within the jurisdiction of purchase for a period of thirty days from the date of purchase, during which time the valuable articles shall be held separate and apart from any other transaction and shall not be changed in form […]
Every purchaser of valuable articles shall provide the local law enforcement agency, on a weekly basis, with two records, on a form to be provided by the local law enforcement agency, of all valuable articles purchased during the preceding week and one copy of the seller’s declaration of ownership. The form for recording such purchases […]
Any person who violates any of the provisions of this article commits a class 6 felony. Any person who knowingly gives false information with respect to the information required by sections 18-16-103 and 18-16-105 commits a class 6 felony. Source: L. 81: Entire article added, p. 1014, § 1, effective May 22. L. 89: Entire […]
The provisions of this article shall not apply to private collectors purchasing collectors’ items from other private collectors or businesses engaged in selling valuable articles exclusively as collectors’ items, and who pay for such purchases by check, nor shall the provisions of sections 18-16-101 to 18-16-108 apply to valuable articles purchased exclusively in interstate commerce […]
If any provision of this article or the application thereof to any person or circumstances is held invalid, such invalidity shall not affect the other provisions of this article which may be given effect without the invalid provision or application, and, to this end, the provisions of this article are declared to be severable. Source: […]
