Colorado Statutes
§ 5-5-203 — Consumer's right to rescind certain transactions
In the case of a
consumer credit transaction with respect to which a security interest is retained or
acquired in any property that is used as the principal dwelling of the person to
whom credit is extended, the consumer shall have the same right to rescind the
transaction as provided in the federal Truth in Lending Act and regulations
thereunder. In order to comply with this code, a creditor shall comply with those
provisions on the right of rescission of certain transactions.
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Legislative History
Source: L. 2000: Entire article R&RE, p. 1243, � 1, effective July 1.
Nearby Sections
15
§ 5-1-101
Short title§ 5-1-102
Purposes - rules of construction§ 5-1-104
Construction against implicit repeal§ 5-1-105
Severability clause§ 5-1-202
Exclusions§ 5-1-203
Jurisdiction and service of process§ 5-1-301
General definitions§ 5-1-303
Index of definitions in code§ 5-10-1001
Advertising§ 5-10-101
Short title§ 5-10-102
Legislative declaration