§ 6-16-110 — Charitable sales promotions

(1) The provisions of this article
relating to commercial coventurers and charitable sales promotions shall apply
only when a commercial coventurer reasonably expects that more than one-half of
all proceeds of a solicitation campaign will be derived from transactions within the
state of Colorado.

(2) A commercial coventurer shall disclose in each advertisement for a
charitable sales promotion the dollar amount or percent per unit of goods or
services purchased or used that will benefit the charitable organization or purpose.
If the actual dollar amount or percentage cannot reasonably be determined prior to
the final date of the charitable sales promotion, the commercial coventurer shall
disclose an estimated dollar amount or percentage. Any such estimate shall be
reasonable and shall be based upon all of the relevant facts known to the
commercial coventurer regarding the charitable sales promotion.

(3) A commercial entity which purchases at wholesale a product which is
created, manufactured, or produced by a charitable organization for resale to the
general public as part of the commercial entity's general stock of merchandise
shall be exempt from the provisions of this article relating to commercial
coventurers and charitable sales promotions.

Legislative History

Source: L. 88: Entire article added, p. 357, � 1, effective July 1.