Colorado Statutes
§ 39-22-658 — Material advisor - penalties
(1)The penalty for the failure of a
material advisor to disclose a reportable or listed transaction as required by section
39-22-656 (1)(a) shall be up to twenty thousand dollars.
(2)If a material advisor that is required to disclose a reportable or listed
transaction in accordance with section 39-22-656 (1)(a) provides false or
incomplete information to the department, then an additional penalty shall be
imposed of up to twenty thousand dollars.
(3)If a material advisor that is required to maintain a list under section 39-22-657 (1) fails to make that list available to the department within a twenty-day
period after the day on which the department mails a written request for that list,
the material advisor shall be subject to a penalty of ten thousand dollars for each
day tha
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Legislative History
Source: L. 2009: Entire section added, (HB 09-1093), ch. 75, p. 275, � 4,
effective April 2.
Nearby Sections
15
§ 39-1-101
Legislative declaration§ 39-1-101.5
Legislative declaration - taxpayer rights§ 39-1-102
Definitions§ 39-1-103.5
Restrictions on information§ 39-1-104
Valuation for assessment - definitions§ 39-1-104.5
Severed mineral interest - placement on tax roll§ 39-1-105
Assessment date§ 39-1-107
Tax liens§ 39-1-108
Payment of taxes - grantor and grantee§ 39-1-109
Taxes paid by mortgagee - effect§ 39-1-112
Taxes available - when§ 39-1-113
Abatement and refund of taxes