Colorado § 5-10-804 Notification by lessors - contents - repeal

Colorado Statutes

§ 5-10-804 — Notification by lessors - contents - repeal

Colorado·Title 05 Consumer·Art. Rental Purchase Agreements

(1)A lessor shall file a notification as prescribed in subsection (2) of this section with the administrator:

(a)Within thirty days after soliciting or entering into a rental purchase agreement subject to this article; and

(b)(I) Before July 1 in each subsequent year that the lessor solicits or enters into a rental purchase agreement subject to this article 10.

(II)(A) Notifications issued by the administrator in calendar year 2023 expire on July 1, 2024.

(B)This subsection (1)(b)(II) is repealed, effective July 1, 2026.

(2)The notification required under subsection (1) of this section shall state the following:

(a)The name of the lessor and, if different, the name in which business is transacted;

(b)The address of the lessor's principal office, which may be outside C

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(1) A lessor shall file a
notification as prescribed in subsection (2) of this section with the administrator:

(a) Within thirty days after soliciting or entering into a rental purchase
agreement subject to this article; and

(b) (I) Before July 1 in each subsequent year that the lessor solicits or enters
into a rental purchase agreement subject to this article 10.

(II) (A) Notifications issued by the administrator in calendar year 2023 expire
on July 1, 2024.

(B) This subsection (1)(b)(II) is repealed, effective July 1, 2026.

(2) The notification required under subsection (1) of this section shall state
the following:

(a) The name of the lessor and, if different, the name in which business is
transacted;

(b) The address of the lessor's principal office, which may be outside
Colorado;

(c) The address of all offices or stores, if any, in Colorado at which rental
purchase agreements are made;

(d) If rental purchase agreements are made in a place other than an office or
store in Colorado, a brief description of the place and manner in which they are
made; and

(e) The address of the registered agent upon whom service of process may
be made in Colorado.

(3) If information in a notification becomes inaccurate after filing, no further
notification is required until the lessor is required to file a subsequent notification
pursuant to subsection (1) of this section.

Colorado § 5-10-804 (Notification by lessors - contents - repeal) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 90: Entire article added, p. 376, � 1, effective January 1, 1991. L. 2023: (1)(b) amended, (SB 23-248), ch. 360, p. 2150, � 7, effective August 7.