Colorado Statutes

§ 5-3.1-104 — Notice to consumers

Colorado § 5-3.1-104
JurisdictionColorado
Title 05Consumer
Art.Deferred Deposit Loan Act

This text of Colorado § 5-3.1-104 (Notice to consumers) 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. § 5-3.1-104 (2026).

Text

A lender shall provide the following notice in a prominent place on each loan agreement in at least ten-point type: A DEFERRED DEPOSIT LOAN IS NOT INTENDED TO MEET LONG-TERM FINANCIAL NEEDS. A DEFERRED DEPOSIT LOAN SHOULD BE USED ONLY TO MEET SHORT-TERM CASH NEEDS. RENEWING THE DEFERRED DEPOSIT LOAN RATHER THAN PAYING THE DEBT IN FULL WILL REQUIRE ADDITIONAL FINANCE CHARGES.

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Legislative History

Source: L. 2000: Entire article added, p. 440, � 1, effective July 1.

Nearby Sections

15
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Bluebook (online)
Colorado § 5-3.1-104, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/05/5-3.1-104.