Colorado § 25-5-1503 Sale or transfer of covered products to commercial businesses

Colorado Statutes

§ 25-5-1503 — Sale or transfer of covered products to commercial businesses

Colorado·Title 25 Public·Art. Products Control and Safety

(1)A covered entity may sell or transfer a covered product to a verified commercial business pursuant to this subsection (1). A commercial business is verified if, prior to the sale or transfer of the covered product:

(a)The commercial business affirms that the business requires covered products; and

(b)The covered entity has a system that verifies that the commercial business requires a covered product.

(2)The following systems, whether relied on solely or in combination, do not satisfy the verification obligation of the covered entity specified in subsection (1)(b) of this section:

(a)A sale verification system relying on the purchaser or recipient simply providing a statement of commercial need and intended usage without additional verification;

(b)A sale verification

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(1) A covered entity may sell or transfer a covered product to a verified commercial
business pursuant to this subsection (1). A commercial business is verified if, prior to
the sale or transfer of the covered product:

(a) The commercial business affirms that the business requires covered
products; and

(b) The covered entity has a system that verifies that the commercial
business requires a covered product.

(2) The following systems, whether relied on solely or in combination, do not
satisfy the verification obligation of the covered entity specified in subsection (1)(b)
of this section:

(a) A sale verification system relying on the purchaser or recipient simply
providing a statement of commercial need and intended usage without additional
verification;

(b) A sale verification system relying on the purchaser or recipient using tick
boxes to confirm that the purchaser or recipient is in a commercial business and
requires covered products; or

(c) A sale verification system relying on the purchaser or recipient using an
accept statement for the purchaser or recipient to confirm that the purchaser or
recipient has read the terms and conditions.

Colorado § 25-5-1503 (Sale or transfer of covered products to commercial businesses) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.