Colorado § 5-20-117 Civil actions by the administrator

Colorado Statutes

§ 5-20-117 — Civil actions by the administrator

Colorado § 5-20-117

Title 05Consumer

Art.Colorado Student Loan Equity

This text of Colorado § 5-20-117 (Civil actions by the administrator) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 5-20-117 (2026).

Text

The administrator may bring a
civil action against a student loan servicer for any violation of this part 1. An action
may relate to transactions with more than one person. The court may order a
student loan servicer to refund to a person any charges collected in violation of this
part 1 and may also assess civil penalties against the student loan servicer as set
forth in section 5-20-112 (2). If the administrator prevails in an action brought under
this section, the administrator may recover reasonable costs in investigating and
bringing the action and may recover reasonable attorney fees.

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The administrator may bring a
civil action against a student loan servicer for any violation of this part 1. An action
may relate to transactions with more than one person. The court may order a
student loan servicer to refund to a person any charges collected in violation of this
part 1 and may also assess civil penalties against the student loan servicer as set
forth in section 5-20-112 (2). If the administrator prevails in an action brought under
this section, the administrator may recover reasonable costs in investigating and
bringing the action and may recover reasonable attorney fees.

Legislative History

Source: L. 2019: Entire article added, (SB 19-002), ch. 157, p. 1872, � 2, effective August 2. L. 2021: Entire section amended, (SB 21-057), ch. 378, p. 2534, � 15, effective June 29.