1. (1) A lessor shall file a notification as prescribed in subsection (2) of this section with the administrator:

   1. (a) Within thirty days after soliciting or entering into a rental purchase agreement subject to this article; and

   2. (b)

      1. (I) Before July 1 in each subsequent year that the lessor solicits or enters into a rental purchase agreement subject to this article 10.

      2. (II)

         1. (A) Notifications issued by the administrator in calendar year 2023 expire on July 1, 2024.
         2. (B) This subsection (1)(b)(II) is repealed, effective July 1, 2026.

2. (2) The notification required under subsection (1) of this section shall state the following:

   1. (a) The name of the lessor and, if different, the name in which business is transacted;
   2. (b) The address of the lessor's principal office, which may be outside Colorado;
   3. (c) The address of all offices or stores, if any, in Colorado at which rental purchase agreements are made;
   4. (d) If rental purchase agreements are made in a place other than an office or store in Colorado, a brief description of the place and manner in which they are made; and
   5. (e) The address of the registered agent upon whom service of process may be made in Colorado.
3. (3) If information in a notification becomes inaccurate after filing, no further notification is required until the lessor is required to file a subsequent notification pursuant to subsection (1) of this section.

Source: L. 90: Entire article added, p. 376, § 1, effective January 1, 1991. L. 2023: (1)(b) amended, (SB 23-248), ch. 360, p. 2150, § 7, effective August 7.