There is a newer version
of
this Section
2020 Colorado Revised Statutes
Title 5 - Consumer Credit Code
Article 19. Debt-Management Services
Section 5-19-225. Voidable agreements.
Universal Citation: CO Rev Stat § 5-19-225 (2020)
(a) If a provider imposes a fee or other charge or receives money or other payments not authorized by section 5-19-223 or 5-19-224, the individual may void the agreement and recover as provided in section 5-19-235.
If a provider is not registered as required by this part 2 when an individual assents toan agreement, the agreement is voidable by the individual.
If an individual voids an agreement under subsection (b) of this section, the providerdoes not have a claim against the individual for breach of contract or for restitution.
Source: L. 2017: Entire article added with relocations, (HB 17-1238), ch. 260, p. 1160, § 4, effective August 9.
Editor's note: This section is similar to former § 12-14.5-225 as it existed prior to 2017.
Disclaimer: These codes may not be the most recent version. Colorado may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
