Colorado § 5-3-107 Disclosures for consumer credit sale secured by a motor vehicle

Colorado Statutes

§ 5-3-107 — Disclosures for consumer credit sale secured by a motor vehicle

Colorado § 5-3-107

Title 05Consumer

Art.Regulation of Agreements and Practices

This text of Colorado § 5-3-107 (Disclosures for consumer credit sale secured by a motor vehicle) 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. § 5-3-107 (2026).

Text

If the property that secures a consumer credit sale includes a motor vehicle and the
written agreement does not provide for automobile liability insurance, the following
clause shall be in the written agreement in capital letters and bold-face type: THIS
CONTRACT DOES NOT PROVIDE FOR AUTOMOBILE LIABILITY INSURANCE, AND
SAID BUYER ALSO STATES THAT HE OR SHE HAS/DOES NOT HAVE (strike
words not applicable) IN EFFECT AN AUTOMOBILE LIABILITY POLICY AS
DEFINED IN SECTION 42-7-103 (2), COLORADO REVISED STATUTES, ON THE
MOTOR VEHICLE SOLD BY THIS CONTRACT.

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If the property that secures a consumer credit sale includes a motor vehicle and the
written agreement does not provide for automobile liability insurance, the following
clause shall be in the written agreement in capital letters and bold-face type: THIS
CONTRACT DOES NOT PROVIDE FOR AUTOMOBILE LIABILITY INSURANCE, AND
SAID BUYER ALSO STATES THAT HE OR SHE HAS/DOES NOT HAVE (strike
words not applicable) IN EFFECT AN AUTOMOBILE LIABILITY POLICY AS
DEFINED IN SECTION 42-7-103 (2), COLORADO REVISED STATUTES, ON THE
MOTOR VEHICLE SOLD BY THIS CONTRACT.

Legislative History

Source: L. 2000: Entire article R&RE, p. 1217, � 1, effective July 1. L. 2009: Entire section amended, (SB 09-292), ch. 369, p. 1939, � 4, effective August 5.