Colorado Statutes
§ 4-2.5-205 — Firm offers
Colorado § 4-2.5-205
This text of Colorado § 4-2.5-205 (Firm offers) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Colo. Rev. Stat. § 4-2.5-205 (2026).
Text
An offer by a merchant to lease goods to or from
another person in a signed record that by its terms gives assurance it will be held
open is not revocable, for lack of consideration, during the time stated or, if no time
is stated, for a reasonable time, but in no event may the period of irrevocability
exceed three months. Any such term of assurance on a form supplied by the offeree
must be separately signed by the offeror.
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Legislative History
Source: L. 91: Entire article added, p. 281, � 1, effective July 1, 1992. L. 2023: Entire section amended, (SB 23-090), ch. 136, p. 530, � 18, effective August 7.
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 faithCite This Page — Counsel Stack
Bluebook (online)
Colorado § 4-2.5-205, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/04/4-2.5-205.