Colorado Statutes

§ 5-13-102 — Business and agricultural loans

Colorado·Title 05 Consumer·Art. Federal Preemption of Usury
In accordance with section 512 of Public Law 96-221, it is declared that the state of Colorado does not want the provisions of section 511 of Public Law 96-221 setting interest rates and preempting state interest rates on business and agricultural loans to apply in this state. The rates established in articles 1 to 9 of this title shall control consumer credit transactions in the state of Colorado.

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Legislative History

Source: L. 81: Entire article added, p. 399, � 1, effective July 1.

Nearby Sections

15
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