C.R.S. Section 12-10-720
Violations

  • injunctions

(1)

Intentionally left blank —Ed.

(a)

Any individual violating this part 7 by acting as a mortgage loan originator in this state without having obtained a license or by acting as a mortgage loan originator after that individual’s license has been revoked or during any period for which the license may have been suspended commits a class 2 misdemeanor and shall be punished as provided in section 18-1.3-501; except that, if the violator is not a natural person, the violator shall be punished by a fine of not more than five thousand dollars.

(b)

Each residential mortgage loan negotiated or offered to be negotiated by an unlicensed person shall be a separate violation of this subsection (1).

(2)

The board may request that an action be brought in the name of the people of the state of Colorado by the attorney general or the district attorney of the district in which the violation is alleged to have occurred to enjoin a person from engaging in or continuing the violation or from doing any act that furthers the violation. In such an action, an order or judgment may be entered awarding the preliminary or final injunction as is deemed proper by the court. The notice, hearing, or duration of an injunction or restraining order shall be made in accordance with the Colorado rules of civil procedure.

(3)

A violation of this part 7 shall not affect the validity or enforceability of any mortgage.

Source: Section 12-10-720 — Violations - injunctions, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-12.­pdf (accessed Oct. 20, 2023).

12‑10‑101
Definitions
12‑10‑201
Definitions
12‑10‑202
License required
12‑10‑203
Application for license - rules - definition
12‑10‑204
Errors and omissions insurance required - rules
12‑10‑205
Licenses - issuance - contents - display
12‑10‑206
Real estate commission - created - compensation - immunity
12‑10‑207
Division of real estate - creation - director, clerks, and assistants
12‑10‑208
Resident licensee - nonresident licensee - consent to service
12‑10‑209
Record of licensees - publications
12‑10‑210
Compilation and publication of passing rates per educational institution for real estate licensure examinations - definition - rules
12‑10‑211
Change of license status - inactive - cancellation
12‑10‑212
License fees - partnership, limited liability company, and corporation licenses - rules
12‑10‑213
Renewal of license - continuing education requirement - rules
12‑10‑214
Disposition of fees
12‑10‑215
Fee adjustments - cash fund created
12‑10‑216
Records - evidence - inspection
12‑10‑217
Investigation - revocation - actions against licensee or applicant - definition
12‑10‑218
Affiliated business arrangements - definitions - disclosures - enforcement and penalties - reporting - rules - investigation information shared with the division of insurance
12‑10‑219
Hearing - administrative law judge - review - rules
12‑10‑220
Rules
12‑10‑220.5
Radon disclosure - rules
12‑10‑221
Broker remuneration
12‑10‑222
Acts of third parties - broker’s liability
12‑10‑223
Violations
12‑10‑224
Subpoena compelling attendance of witnesses and production of records and documents
12‑10‑225
Failure to obey subpoena - penalty
12‑10‑226
Powers of commission - injunctions
12‑10‑226.3
HOA homeowners’ rights task force - creation - membership - duties - reporting - definitions - repeal
12‑10‑226.5
Metropolitan district homeowners’ rights task force - creation - membership - duties - reporting - definition - repeal
12‑10‑227
Repeal of part - subject to review
12‑10‑301
When entitled to commission
12‑10‑302
Objections on account of title
12‑10‑303
When owner must perfect title
12‑10‑304
Referral fees - conformity with federal law required - remedies for violation - definitions
12‑10‑305
Repeal of part - subject to review
12‑10‑401
Legislative declaration
12‑10‑402
Definitions
12‑10‑403
Relationships between brokers and the public - definition - rules
12‑10‑403.5
Broker engagement contracts - residential premises - prohibited terms - definition
12‑10‑404
Single agent engaged by seller or landlord
12‑10‑405
Single agent engaged by buyer or tenant
12‑10‑406
Dual agent
12‑10‑407
Transaction-broker
12‑10‑408
Broker disclosures
12‑10‑409
Duration of relationship
12‑10‑410
Compensation
12‑10‑411
Violations
12‑10‑501
Definitions
12‑10‑502
Registration required
12‑10‑503
Application for registration
12‑10‑504
Registration of developers
12‑10‑505
Refusal, revocation, or suspension of registration - letter of admonition - probation
12‑10‑506
Powers of commission - injunction - rules
12‑10‑507
Violation - penalty
12‑10‑508
Repeal of part - subject to review
12‑10‑601
Legislative declaration
12‑10‑602
Definitions
12‑10‑603
Board of real estate appraisers - creation - compensation - immunity - legislative declaration - subject to review - repeal of part
12‑10‑604
Powers and duties of the board - rules
12‑10‑605
Fees, penalties, and fines collected under part 6
12‑10‑606
Qualifications for licensing and certification of appraisers - continuing education - rules - evaluations - definitions
12‑10‑607
Appraisal management companies - application for license - exemptions
12‑10‑608
Errors and omissions insurance - duties of the division - certificate of coverage - group plan made available - rules
12‑10‑609
Bond required
12‑10‑610
Expiration of licenses - renewal - penalties - fees - rules
12‑10‑611
Licensure or certification by endorsement - temporary practice
12‑10‑612
Denial of license or certificate - renewal - definition
12‑10‑613
Prohibited activities - grounds for disciplinary actions - procedures
12‑10‑614
Appraisal management companies - prohibited activities - grounds for disciplinary actions - procedures - rules
12‑10‑615
Judicial review of final board actions and orders
12‑10‑616
Unlawful acts - penalties
12‑10‑617
Appraisal management company license required - violations - injunction
12‑10‑618
Injunctive proceedings
12‑10‑619
Special provision for appraiser employees of county assessors
12‑10‑620
Duties of board under federal law
12‑10‑621
Business entities
12‑10‑622
Provisions found not to comply with federal law null and void - severability
12‑10‑623
Scope of article - regulated financial institutions - de minimis exemption
12‑10‑701
Short title
12‑10‑702
Definitions
12‑10‑703
Board of mortgage loan originators - creation - compensation - enforcement of part after board creation - immunity
12‑10‑704
License required - rules
12‑10‑705
Registration required - rules
12‑10‑706
License or registration inactivation
12‑10‑707
Errors and omissions insurance - duties of the board - certificate of coverage - when required - group plan made available - effect - rules
12‑10‑708
License renewal
12‑10‑709
Exemptions - definition - rules
12‑10‑710
Originator’s relationship to borrower - rules
12‑10‑711
Powers and duties of the board - rules
12‑10‑712
Powers and duties of the board over mortgage companies - fines - rules
12‑10‑713
Disciplinary actions - grounds - procedures - rules
12‑10‑714
Hearing - administrative law judge - review - rules
12‑10‑715
Subpoena - petty offense
12‑10‑716
Immunity
12‑10‑717
Bond required - rules
12‑10‑718
Fees
12‑10‑719
Attorney general - district attorney - jurisdiction
12‑10‑720
Violations - injunctions
12‑10‑721
Prohibited conduct - influencing a real estate appraisal
12‑10‑722
Rule-making authority
12‑10‑723
Acts of employee - mortgage loan originator’s liability
12‑10‑724
Dual status as real estate broker - requirements
12‑10‑725
Written disclosure of fees and costs - contents - limits on fees - rules
12‑10‑726
Fee, commission, or compensation - when permitted - amount
12‑10‑727
Confidentiality
12‑10‑728
Mortgage call reports - reports of violations
12‑10‑729
Unique identifier - clearly displayed
12‑10‑730
Repeal of part - subject to review
12‑10‑801
HOA information and resource center - creation - duties - rules - subject to review - repeal
12‑10‑901
Definitions
12‑10‑902
Purchase of service contract not compulsory
12‑10‑903
Contract requirements
12‑10‑904
Penalty for violation
12‑10‑905
Prohibitions
12‑10‑906
Repeal of part - subject to review
Green check means up to date. Up to date

Current through Fall 2024

§ 12-10-720’s source at colorado​.gov