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2020 Colorado Revised Statutes
Title 5 - Consumer Credit Code
Article 3. Regulation of Agreements and Practices
Section 5-3-207. Authorization to confess judgment prohibited.
Universal Citation: CO Rev Stat § 5-3-207 (2020)
A consumer may not authorize any person to confess judgment on a claim arising out of a consumer credit transaction. An authorization in violation of this section is void.
Source: L. 2000: Entire article R&RE, p. 1220, § 1, effective July 1.
Editor's note: This section is similar to former §§ 5-2-415 and 5-3-407, as they existed prior to 2000.
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