Colorado Statutes

§ 5-3-401 — Definitions - home solicitation sale

Colorado·Title 05 Consumer·Art. Regulation of Agreements and Practices
Home solicitation sale means a consumer credit sale of goods or services in which the seller or a person acting for the seller personally solicits the sale and the buyer's agreement or offer to purchase is given to the seller or a person acting for the seller at a residence. It does not include a sale made pursuant to a preexisting revolving credit account, a sale made pursuant to prior negotiations between the parties at a business establishment at a fixed location where goods or services are offered or exhibited for sale, a transaction conducted and consummated entirely by mail or telephone, or a sale that is subject to the provisions of the federal Truth in Lending Act on the consumer's right to rescind certain transactions.

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Legislative History

Source: L. 2000: Entire article R&RE, p. 1222, � 1, effective July 1.

Nearby Sections

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