C.R.S. Section 5-16-125
Unlawful acts

(1)

In addition to the unlawful acts specified in sections 5-16-112 and 5-16-115, it is unlawful and a violation of this article 16 for any person:

(a)

To refuse or fail to comply with section 5-16-104, 5-16-105, 5-16-106, 5-16-107, 5-16-108, 5-16-109, 5-16-110, 5-16-118, 5-16-119 (1), or 5-16-123 (1)(b) to (1)(e) or (2);

(b)

To aid or abet any person operating or attempting to operate in violation of this article 16, including but not limited to section 5-16-115; except that nothing in this article 16 shall prevent any licensed collection agency from accepting, as forwardee, claims for collection from any collection agency or attorney whose place of business is outside this state;

(c)

To recover or attempt to recover treble damages for any check, draft, or order not paid on presentment without complying with the provisions of section 13-21-109.

(2)

It is unlawful and a violation of this article 16 for any licensee or any attorney representing a licensee to invoke a cognovit clause in any note so as to confess judgment.

(3)

It is unlawful and a violation of this article 16 for any licensee to render or to advertise that it will render legal services; except that a licensee may solicit claims for collection and take assignments and pursue the collection thereof subject to the provisions of law concerning the unauthorized practice of law.

(4)

It is unlawful and a violation of this article 16 for any licensee, collections manager, debt collector, or solicitor to:

(a)

Refuse or fail to comply with a rule adopted pursuant to this article 16 or any lawful order of the administrator; or

(b)

Aid or abet any person in such refusal or failure.

(5)

It is unlawful and a violation of this article 16 for any person to falsify any information or make any misleading statements in any application authorized under this article 16.

(6)

Any officer or agent of a corporation who personally participates in any violation of this article 16 shall be subject to the penalties prescribed in section 5-16-126 for individuals.

Source: Section 5-16-125 — 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

§ 5-16-125’s source at colorado​.gov