Colo. Rev. Stat. § 5-6-201
Applicability.
Effective Aug 7, 2023L. 2000: Entire article R&RE, p. 1252, § 1, effective July 1. L. 2009: (1)(a) amended, (HB 09-1141), ch. 41, p. 158, § 4, effective January 1, 2010. L. 2017: (2) amended, (HB 17-1238), ch. 260, p. 1171, § 10, effective August 9. L. 2023: (3) amended, (SB 23-248), ch. 360, p. 2148, § 3, effective August 7.
(1) Except as provided in subsections (2) and (3) of this section, this part 2 applies if a person:
- (a) Makes consumer credit sales and charges or collects a finance charge, or makes consumer leases; or
- (b) Takes assignments of and undertakes direct collection of payments from, or enforcement of rights against, consumers arising from consumer credit sales or consumer leases.
- (2) This part 2 does not apply to supervised lenders described in section 5-1-301 (46), persons making consumer loans described in section 5-1-301 (15), or to persons licensed as collection agencies pursuant to article 16 of this title 5.
- (3) Section 5-6-204 applies to all fees collected under this code.
Source: L. 2000: Entire article R&RE, p. 1252, § 1, effective July 1. L. 2009: (1)(a) amended, (HB 09-1141), ch. 41, p. 158, § 4, effective January 1, 2010. L. 2017: (2) amended, (HB 17-1238), ch. 260, p. 1171, § 10, effective August 9. L. 2023: (3) amended, (SB 23-248), ch. 360, p. 2148, § 3, effective August 7.
Editor's note: This section is similar to former § 5-6-201, as it existed prior to 2000.