Colorado § 5-3-304 Use of account - constructive assent to terms

Colorado Statutes

§ 5-3-304 — Use of account - constructive assent to terms

Colorado § 5-3-304

Title 05Consumer

Art.Regulation of Agreements and Practices

This text of Colorado § 5-3-304 (Use of account - constructive assent to terms) 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. § 5-3-304 (2026).

Text

The use of a
revolving credit account by a consumer, or by any person authorized by the
consumer, constitutes the consumer's acceptance of the creditor's offer of credit
and creates a binding contract on the creditor's terms then in effect. Such terms
may be modified in the future as agreed by the parties and subject to the
requirements of this article, including, but not limited to, the notice requirements of
section 5-3-103.

Free access — add to your briefcase to read the full text and ask questions with AI

The use of a
revolving credit account by a consumer, or by any person authorized by the
consumer, constitutes the consumer's acceptance of the creditor's offer of credit
and creates a binding contract on the creditor's terms then in effect. Such terms
may be modified in the future as agreed by the parties and subject to the
requirements of this article, including, but not limited to, the notice requirements of
section 5-3-103.