Colorado Statutes

§ 5-3.1-112 — Authorized dishonored instrument charge

Colorado § 5-3.1-112
JurisdictionColorado
Title 05Consumer
Art.Deferred Deposit Loan Act

This text of Colorado § 5-3.1-112 (Authorized dishonored instrument charge) 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. § 5-3.1-112 (2026).

Text

If an instrument held by a lender as a result of a deferred deposit loan is returned unpaid to the lender from a payor financial institution due to insufficient funds, a closed account, a stop-payment order, or any other reason, not including a bank error, the lender shall have the right to exercise all civil means authorized by law to collect the face value of the instrument; except that the provisions and remedies of section 13-21-109, C.R.S., are not applicable to any deferred deposit loan. In addition, the lender may contract for and collect one returned instrument charge for each deferred deposit loan, not to exceed twenty-five dollars, plus court costs and reasonable attorney fees as awarded by a court and incurred as a result of the default. However, such attorney fees shal

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

Legislative History

Source: L. 2000: Entire article added, p. 442, � 1, effective July 1. L. 2004: Entire section amended, p. 318, � 6, effective July 1.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Colorado § 5-3.1-112, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/05/5-3.1-112.