Colorado § 11-107-107 - Embezzlement or misapplication of funds.
Full text of Colorado Colorado Revised Statutes § 11-107-107 — Embezzlement or misapplication of funds., with citation guidance and answers to common questions.
§ 11-107-107. Embezzlement or misapplication of funds.
It is a criminal offense for any officer, director, shareholder, or employee of any bank to directly or indirectly embezzle, abstract, or misapply, or cause to be embezzled, abstracted, or misapplied, any of the funds or securities or other property of or under the control of the bank with intent to deceive, injure, cheat, wrong, or defraud any person.
Source: L. 2003: Entire article added with relocations, p. 1136, § 3, effective July 1.
Editor's note: This section is similar to former § 11-11-107 as it existed prior to 2003.
ANNOTATION
Annotator's note. Since § 11-107-107 is similar to repealed laws antecedent to CSA, C. 18, § 25, relevant cases construing those provisions have been included in the annotations to this section.
This section places embezzlement by bankers in a special class. It was the clear intention of the general assembly to withdraw from the operation of the earlier and general act of 1907 the crime of embezzlement by bankers, and place it in a special class by itself. This being true, it follows that, so far as bankers are concerned, this provision supersedes and impliedly repeals the act of 1907. Cliff v. People, 84 Colo. 254, 269 P. 907 (1928).
It is only when specific intent exists that an act comes within the provisions of this section; hence, where abstraction or misapplication is charged, it is necessary to allege such specific intent. Cliff v. People, 84 Colo. 254, 269 P. 907 (1928).
Facts sufficient for conviction and penalty. Briggs v. People, 76 Colo. 591, 233 P. 836 (1925).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 11-107-107
What does Colorado Revised Statutes § 11-107-107 cover?
Section 11-107-107 ("Embezzlement or misapplication of funds.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 11-107-107?
A common citation format is "Colorado Revised Statutes § 11-107-107" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 11-107-107 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.