C.R.S. Section 5-6-201
Applicability


(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 of this part 2 applies to all fees collected under this code.

Source: Section 5-6-201 — Applicability, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-05.­pdf (accessed Oct. 20, 2023).

Green check means up to date. Up to date

Current through Fall 2024

§ 5-6-201’s source at colorado​.gov