§ 5-6-301 — Council of advisors on consumer credit

Colorado § 5-6-301

• Jurisdiction: Colorado
• Title 05: Consumer
• Art.: Administration

Text

(1) There is hereby
created the council of advisors on consumer credit consisting of nine members who
shall be appointed by the governor. One of the advisors shall be designated by the
governor as chairperson. In appointing members of the council, the governor shall
seek to achieve a fair representation from the various segments of the consumer
credit industry and public.

(2) The term of office of each member of the council is three years. A
member chosen to fill a vacancy arising otherwise than by expiration of a term shall
be appointed for the unexpired term of the member whom he or she is to succeed. A
member of the council is eligible for reappointment.

(3) Members of the council shall serve without compensation but are entitled
to reimbursement of actual and necessary expenses incurred in the performance of
their duties.

Legislative History

Source: L. 2000: Entire article R&RE, p. 1254, � 1, effective July 1.