§ 4-3-506 — Recording credit card or social security numbers prohibited

Colorado § 4-3-506

• Jurisdiction: Colorado
• Title 04: Uniform
• Art.: Negotiable Instruments

Text

(a)
When payment is made by check or other negotiable instrument, a person shall not
record or require the maker of the check to record a credit card or social security
number given as identification or proof of creditworthiness.

(b) Subsection (a) of this section shall not prohibit:

(1) The recording of a credit card number when a check or other negotiable
instrument is issued to pay the credit card designated by the credit card number.

(2) (i) The recording of a person's social security number on a check or other
negotiable instrument issued to pay a student loan.

(ii) For the purposes of this paragraph (2), student loan means a loan to
finance higher education opportunities that is made, originated, disbursed,
guaranteed, or serviced by the department of higher education, collegeinvest, an
agency of another state, the federal government, or an institution of higher
education, including, but not limited to, a loan that is secured pursuant to part 2 of
article 3.1 of title 23, C.R.S., and a loan authorized by title IV, part B of the federal
Higher Education Act of 1965, as amended.

(3) The recording of a person's social security number on a bonafide loan
application.

(c) Subsection (a) of this section shall not prohibit a person from requesting
a purchaser of goods or services to display a credit card as indication of
creditworthiness or identification if the only information about the credit card that
is recorded is the type of credit card and the issuer of the credit card.

Legislative History

Source: L. 2003: Entire section added, p. 1337, � 1, effective August 6. L. 2004: (b)(2)(ii) amended, p. 574, � 29, effective July 1.