§ 18-16-106 — Holding period

Colorado § 18-16-106

• Jurisdiction: Colorado
• Title 18: Criminal
• Art.: Purchasers of Valuable Articles

Text

(1) 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 or altered in any way. The purchaser shall permit
any requesting law enforcement officer to inspect the valuable articles during the
thirty-day period.

(2) Stamped and assayed gold and silver bullion and gold coins shall not be
subject to the holding requirement imposed by subsection (1) of this section. In lieu
of such requirement, the purchaser shall be required to record the identity of any
person to whom he transfers any such bullion or coins and the date, time, and place
of such transfer.

Legislative History

Source: L. 81: Entire article added, p. 1013, � 1, effective May 22.