Colorado Statutes

§ 44-20-431 — Drafts or checks not honored for payment - penalties

Colorado § 44-20-431
JurisdictionColorado
Title 44Revenue -
Art.Sale of Self-propelled Vehicles

This text of Colorado § 44-20-431 (Drafts or checks not honored for payment - penalties) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Colo. Rev. Stat. § 44-20-431 (2026).

Text

(1)If a wholesaler, powersports vehicle dealer, or used powersports vehicle dealer issues a draft or check to a wholesaler, powersports vehicle dealer, or used powersports vehicle dealer and fails to honor the draft or check, then the license of the licensee shall be subject to suspension pursuant to section 44-20-420. The license suspension shall be effective upon the date of a final decision against the licensee. A licensee whose license has been suspended pursuant to this subsection (1) shall not be eligible for reinstatement of the license and shall not be eligible to apply for another license issued under this part 4 unless it is demonstrated to the board that the unpaid draft or check has been paid in full and that any fine imposed on the licensee pursuant to subsection (2

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Legislative History

Source: L. 2018: Entire article added with relocations, (SB 18-030), ch. 7, p. 132, � 2, effective October 1.

Nearby Sections

15
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Bluebook (online)
Colorado § 44-20-431, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/44/44-20-431.