C.R.S. Section 5-16-115
License

  • registration
  • unlawful acts

(1)

It is unlawful for any person to:

(a)

Conduct the business of a collection agency or advertise or solicit, either in print, by letter, in person, or otherwise, the right to make collection or obtain payment of any debt on behalf of another without having obtained a license under this article 16; or

(b)

Conduct the business of a collection agency under any name other than that under which licensed.

(2)

It is unlawful for a person to act as a collections manager without having complied with sections 5-16-119 and 5-16-122.

(3)

It is unlawful for any person to employ a person as a solicitor, collections manager, or debt collector under this article 16 without complying with this section.

Source: Section 5-16-115 — License - registration - unlawful acts, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-05.­pdf (accessed Oct. 20, 2023).

5‑16‑101
Short title
5‑16‑102
Scope of article
5‑16‑103
Definitions
5‑16‑104
Location information - acquisition
5‑16‑105
Communication in connection with debt collection - definition - repeal
5‑16‑106
Harassment or abuse
5‑16‑107
False or misleading representations - repeal
5‑16‑108
Unfair practices
5‑16‑109
Validation of debts
5‑16‑109.5
Medical debt - requirements related to payment plans - collection prohibited during health insurance appeals - definition
5‑16‑110
Multiple debts
5‑16‑111
Legal actions by collection agencies
5‑16‑111.5
Fees, costs, and costs of collection - limitation
5‑16‑112
Deceptive forms
5‑16‑113
Civil liability
5‑16‑114
Administrative enforcement - rules
5‑16‑115
License - registration - unlawful acts
5‑16‑117
Powers and duties of the administrator
5‑16‑118
Collection agency license - required
5‑16‑119
Collection agency license - requirements - application - fee - expiration - definition
5‑16‑120
License - issuance - grounds for denial - appeal - contents
5‑16‑121
Collection agency license - renewals
5‑16‑122
Collection agency license - notification of change and reapplication requirements
5‑16‑123
Duties of collection agencies
5‑16‑124
Bond - definition
5‑16‑125
Unlawful acts
5‑16‑125.5
Statute of limitations - actions by administrator
5‑16‑126
Criminal penalties
5‑16‑127
Complaint - investigations - powers of administrator - sanctions
5‑16‑128
Debt collectors for the department of personnel - complaint - disciplinary procedures
5‑16‑129
Records
5‑16‑130
Jurisdiction of courts
5‑16‑131
Duty of district attorney
5‑16‑132
Remedies
5‑16‑133
Injunction - receiver
5‑16‑134
Disposition of fees and fines - repeal
5‑16‑134.5
Debts sold or resold after January 1, 2018
5‑16‑135
Repeal of article
Green check means up to date. Up to date

Current through Fall 2024

§ 5-16-115’s source at colorado​.gov