Colorado § 6-2-106 How cost established

Colorado Statutes

§ 6-2-106 — How cost established

Colorado·Title 06 Consumer·Art. Unfair Practices Act

In establishing the cost of a given product to
the distributor and vendor, the invoice cost of the product purchased at a forced,
bankrupt, closeout sale, or other sale outside of the ordinary channels of trade may
not be used as a basis for justifying a price lower than one based upon the
replacement cost as of date of said sale of the product replaced through the
ordinary channels of trade, unless the product is kept separate from goods
purchased in the ordinary channels of trade and unless the product is advertised
and sold as merchandise purchased at a forced, bankrupt, closeout sale, or by
means other than through the ordinary channels of trade. The advertising shall
state the conditions under which said goods were purchased and the quantity of
such merchandise to be sold or

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In establishing the cost of a given product to
the distributor and vendor, the invoice cost of the product purchased at a forced,
bankrupt, closeout sale, or other sale outside of the ordinary channels of trade may
not be used as a basis for justifying a price lower than one based upon the
replacement cost as of date of said sale of the product replaced through the
ordinary channels of trade, unless the product is kept separate from goods
purchased in the ordinary channels of trade and unless the product is advertised
and sold as merchandise purchased at a forced, bankrupt, closeout sale, or by
means other than through the ordinary channels of trade. The advertising shall
state the conditions under which said goods were purchased and the quantity of
such merchandise to be sold or offered for sale.

Colorado § 6-2-106 (How cost established) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 37: p. 1283, � 4. CSA: C. 48, � 302(4). L. 41: p. 822, � 4. L. 49: p. 344, � 4. CRS 53: � 55-2-4. C.R.S. 1963: � 55-2-4. L. 2007: Entire section amended, p. 514, � 3, effective April 16.