C.R.S. Section 5-16-134
Disposition of fees and fines

  • repeal

(1)

Intentionally left blank —Ed.

(a)

All revenue, except fines, collected pursuant to this article 16 before July 1, 2024, shall be collected by the administrator and transmitted to the state treasurer, who shall credit the money to the collection agency cash fund, which fund is created and referred to in this section as the “fund”. The general assembly shall make annual appropriations from the fund for the uses and purposes of this article 16. All revenue credited to the fund, including earned interest, shall be used for the administration and enforcement of this article 16.

(b)

On September 30, 2024, or as soon as practicable after that date, the state treasurer shall transfer the unexpended and unencumbered balance of the collection agency cash fund to the consumer credit unit cash fund created in section 5-2-302 (11).

(c)

This subsection (1) is repealed, effective July 1, 2026.

(1.5)

On and after July 1, 2024, the state treasurer shall credit all fees collected under this article 16 to the consumer credit unit cash fund created in section 5-2-302 (11).

(2)

All fines collected pursuant to this article 16, including but not limited to fines collected pursuant to section 5-16-127, shall be collected by the administrator and transmitted to the state treasurer, who shall credit the same to the general fund.

Source: Section 5-16-134 — Disposition of fees and fines - repeal, 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

§ 5-16-134’s source at colorado​.gov