Colorado § 5-10-904 Effect of correction

Colorado Statutes

§ 5-10-904 — Effect of correction

Colorado·Title 05 Consumer·Art. Rental Purchase Agreements

Notwithstanding sections 5-10-801 and 5-10-902, any failure to comply with any provisions of this article resulting from a bona
fide or clerical error may be corrected by the lessor within sixty days after
discovering an error and prior to the institution of any action under this article, or
within sixty days of the receipt of written notice of the error after the date of
execution of the rental purchase agreement by the lessee. If so corrected, neither
the lessor nor any holder is subject to penalty under this section. A copy of any
rental purchase agreement to which such a correction is made shall be promptly
sent to the lessee.

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Notwithstanding sections 5-10-801 and 5-10-902, any failure to comply with any provisions of this article resulting from a bona
fide or clerical error may be corrected by the lessor within sixty days after
discovering an error and prior to the institution of any action under this article, or
within sixty days of the receipt of written notice of the error after the date of
execution of the rental purchase agreement by the lessee. If so corrected, neither
the lessor nor any holder is subject to penalty under this section. A copy of any
rental purchase agreement to which such a correction is made shall be promptly
sent to the lessee.

Colorado § 5-10-904 (Effect of correction) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.