Colorado § 18-4-408 Theft of trade secrets - penalty

Colorado Statutes

§ 18-4-408 — Theft of trade secrets - penalty

Colorado·Title 18 Criminal·Art. Offenses Against Property

(1)Any person who, with intent to deprive or withhold from the owner thereof the control of a trade secret, or with an intent to appropriate a trade secret to his own use or to the use of another, steals or discloses to an unauthorized person a trade secret, or, without authority, makes or causes to be made a copy of an article representing a trade secret, commits theft of a trade secret.

(2)As used in this section:

(a)Article means any object, material, device, or substance, or copy thereof, including any writing, record, recording, drawing, sample, specimen, prototype, model, photograph, microorganism, blueprint, or map.

(b)Copy means any facsimile, replica, photograph, or other reproduction of an article, and any note, drawing, or sketch made of or from an article.

(c)R

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(1) Any person who, with intent
to deprive or withhold from the owner thereof the control of a trade secret, or with
an intent to appropriate a trade secret to his own use or to the use of another,
steals or discloses to an unauthorized person a trade secret, or, without authority,
makes or causes to be made a copy of an article representing a trade secret,
commits theft of a trade secret.

(2) As used in this section:

(a) Article means any object, material, device, or substance, or copy
thereof, including any writing, record, recording, drawing, sample, specimen,
prototype, model, photograph, microorganism, blueprint, or map.

(b) Copy means any facsimile, replica, photograph, or other reproduction of
an article, and any note, drawing, or sketch made of or from an article.

(c) Representing means describing, depicting, containing, constituting,
reflecting, or recording.

(d) Trade secret means the whole or any portion or phase of any scientific
or technical information, design, process, procedure, formula, improvement,
confidential business or financial information, listing of names, addresses, or
telephone numbers, or other information relating to any business or profession
which is secret and of value. To be a trade secret the owner thereof must have
taken measures to prevent the secret from becoming available to persons other
than those selected by the owner to have access thereto for limited purposes.

(3) (a) Theft of a trade secret is a class 2 misdemeanor.

(b) Notwithstanding section 16-5-401 (1)(a), C.R.S., any prosecution for
violation of this section shall be commenced within three years after discovery of
the offense.

Colorado § 18-4-408 (Theft of trade secrets - penalty) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 71: R&RE, p. 430, � 1. C.R.S. 1963: � 40-4-408. L. 89: (3) amended, p. 833, � 46, effective July 1. L. 98: (3) amended, p. 156, � 1, effective July 1. L. 2021: (3)(a) amended, (SB 21-271), ch. 462, p. 3177, � 206, effective March 1, 2022. L. 2023: (3)(a) amended, (HB 23-1293), ch. 298, p. 1785, � 12, effective October 1.