Colorado Statutes
§ 4-2-302 — Unconscionable contract or clause
(1)If the court, as a matter of
law, finds the contract or any clause of the contract to have been unconscionable at
the time it was made, the court may refuse to enforce the contract, or it may
enforce the remainder of the contract without the unconscionable clause, or it may
so limit the application of any unconscionable clause as to avoid any
unconscionable result.
(2)When it is claimed or appears to the court that the contract or any clause
thereof may be unconscionable, the parties shall be afforded a reasonable
opportunity to present evidence as to its commercial setting, purpose, and effect,
to aid the court in making the determination.
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Legislative History
Source: L. 65: p. 1306, � 1. C.R.S. 1963: � 155-2-302.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of article§ 4-1-104
Construction against implied repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - gender§ 4-1-107
Captions§ 4-1-201
General definitions§ 4-1-202
Notice - knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - seasonableness§ 4-1-302
Variation by agreement§ 4-1-304
Obligation of good faith