Colorado Statutes

§ 5-10-102 — Legislative declaration

Colorado·Title 05 Consumer·Art. Rental Purchase Agreements
(1)This article shall be liberally construed and applied to promote its underlying purposes and policies.
(2)The underlying purposes and policies of this article are to:
(a)Simplify, clarify, and modernize the law governing rental purchase agreements;
(b)Provide certain disclosures to consumers who enter into rental purchase agreements and to promote consumer understanding of the terms of rental purchase agreements;
(c)To protect consumers against unfair practices by some rental purchase dealers, having due regard for the interest of legitimate and scrupulous rental dealers; and
(d)To permit and encourage the development of fair and economically sound rental purchase practices.

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Legislative History

Source: L. 90: Entire article added, p. 366, � 1, effective January 1, 1991.

Nearby Sections

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