Colorado Statutes
§ 6-4-113 — Civil penalties
(1)The attorney general may bring a civil action on
behalf of the state to seek the imposition of a civil penalty for any violation of this
article 4. The court, upon finding a violation of this article 4, shall impose a civil
penalty to be paid to the general fund of the state in an amount not to exceed one
million dollars for each such violation.
(2)In determining the amount of a civil penalty, the court shall consider,
among other things:
(a)The nature and extent of the violation;
(b)The number of consumers affected by the violation;
(c)Whether the violation was an isolated incident or a continuous pattern
and practice of behavior;
(d)Whether the violation was the result of willful conduct;
(e)Whether the defendant took affirmative steps to conceal such violations;
a
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Legislative History
Source: L. 2023: Entire article R&RE, (HB 23-1192), ch. 427, p. 2516, � 2,
effective June 7.
Nearby Sections
15
§ 6-1-101
Short title§ 6-1-102
Definitions§ 6-1-104
Cooperative reporting§ 6-1-106
Exclusions§ 6-1-108
Subpoenas - hearings - rules§ 6-1-109
Remedies§ 6-1-1101
Short title§ 6-1-1102
Legislative declaration§ 6-1-1103
Definitions§ 6-1-1104
Foreclosure consulting contract§ 6-1-1105
Right of cancellation§ 6-1-1106
Waiver of rights - void