reglab/housing_qa huggingface dataset:
CO Code § 5-3-206 (2021)
2021 Colorado Code|Title 5 - Consumer Credit Code|Article 3 - Regulation of Agreements and Practices|Part 2 - Limitations on Agreements and Practices|§ 5-3-206. No Assignment of Earnings

  A creditor may not take an assignment of earnings of the consumer for payment or as security for payment of a debt arising out of a consumer credit transaction. An assignment of earnings in violation of this section is unenforceable by the assignee of the earnings and revocable by the consumer.    A sale of unpaid earnings made in consideration of the payment of money to or for the account of the seller of the earnings is deemed to be a loan to him or her secured by an assignment of earnings.     History. Source: L. 2000: Entire article R&RE, p. 1220, § 1, effective July 1.    Editor's note:   This section is similar to former §§ 5-2-410 and 5-3-403 , as they existed prior to 2000.
CO Code § 5-3-207 (2021)
2021 Colorado Code|Title 5 - Consumer Credit Code|Article 3 - Regulation of Agreements and Practices|Part 2 - Limitations on Agreements and Practices|§ 5-3-207. Authorization to Confess Judgment Prohibited

 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.   History. 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.
CO Code § 5-3-208 (2021)
2021 Colorado Code|Title 5 - Consumer Credit Code|Article 3 - Regulation of Agreements and Practices|Part 2 - Limitations on Agreements and Practices|§ 5-3-208. Balloon Payments

 With respect to a consumer credit transaction other than one pursuant to a revolving credit account, if any scheduled payment is more than twice as large as the average of all other regularly scheduled payments, the consumer has the right to refinance the amount of that payment at the time it is due at the creditor's prevailing rates for such type of transaction if the consumer meets the creditor's normal credit standards and if the creditor is, at that time, in the business of making such transactions. The creditor shall disclose this right in writing to the consumer at the time the transaction is entered into. These provisions do not apply to the extent that the payment schedule is adjusted to the seasonal or irregular income of the consumer. This section shall not apply to a transaction of a class defined by rule of the administrator promulgated in accordance with article 4 of title 24, C.R.S., as not requiring for the protection of the consumer his or her right to refinance as provided in this section.   History. Source: L. 2000: Entire article R&RE, p. 1220, § 1, effective July 1.    Editor's note:   This section is similar to former §§ 5-2-405 and 5-3-402 , as they existed prior to 2000.   ANNOTATION   Law reviews. For article, “State Variations of the Uniform Consumer Credit Code: The Case for Legislative Restraint”, see 48 Den. L.J. 239 (1971).
CO Code § 5-3-209 (2021)
2021 Colorado Code|Title 5 - Consumer Credit Code|Article 3 - Regulation of Agreements and Practices|Part 2 - Limitations on Agreements and Practices|§ 5-3-209. Referral Sales

 With respect to a consumer credit sale or consumer lease, the seller or lessor may not give or offer to give a rebate or discount or otherwise pay or offer to pay value to the consumer as an inducement for a sale or lease in consideration of the consumer giving to the seller or lessor the names of prospective purchasers or lessees, or otherwise aiding the seller or lessor in making a sale or lease to another person, if the earning of the rebate, discount, or other value is contingent upon the occurrence of an event subsequent to the time the consumer agrees to buy or lease. If a consumer is induced by a violation of this section to enter into a consumer credit sale or consumer lease, the agreement is unenforceable by the seller or lessor and the consumer, at his or her option, may rescind the agreement or retain the goods delivered and the benefit of any services performed without any obligation to pay for them.   History. Source: L. 2000: Entire article R&RE, p. 1220, § 1, effective July 1.    Editor's note:   This section is similar to former § 5-2-411 , as it existed prior to 2000.
CO Code § 5-3-210 (2021)
2021 Colorado Code|Title 5 - Consumer Credit Code|Article 3 - Regulation of Agreements and Practices|Part 2 - Limitations on Agreements and Practices|§ 5-3-210. Discrimination Prohibited - Exemption

 A consumer credit transaction regulated by this code shall not be denied any person, nor shall terms and conditions be made more stringent, on the basis of discrimination, solely because of disability, race, creed, religion, color, sex, sexual orientation, gender identity, gender expression, marital status, national origin, or ancestry. This section does not apply to any consumer credit transaction made or denied by a seller, lessor, or lender whose total original unpaid balances arising from consumer credit transactions for the previous calendar year are less than one million dollars.   History. Source: L. 2000: Entire article R&RE, p. 1220, § 1, effective July 1. L. 2008: Entire section amended, p. 1598, § 10, effective May 29. L. 2021: Entire section amended,(HB 21-1108), ch. 156, p. 889, § 10, effective September 7.    Editor's note:   This section is similar to former § 5-1-109 , as it existed prior to 2000.   Cross references:    For civil liability for discrimination, see § 5-5-206; for discrimination generally, see article 34 of title 24.    For the legislative declaration contained in the 2008 act amending this section, see section 1 of chapter 341, Session Laws of Colorado 2008.    For the legislative declaration in HB 21-1108, see section 1 of chapter 156, Session Laws of Colorado 2021.
CO Code § 5-3-301 (2021)
2021 Colorado Code|Title 5 - Consumer Credit Code|Article 3 - Regulation of Agreements and Practices|Part 3 - Limitations on Consumers' Liabilities|§ 5-3-301. Restriction on Liability in Consumer Lease

 The obligation of a lessee upon expiration of a consumer lease, may not exceed twice the average payment allocable to a monthly period under the lease. This limitation does not apply to charges for damages to the leased property or for other default.   History. Source: L. 2000: Entire article R&RE, p. 1221, § 1, effective July 1.    Editor's note:   This section is similar to former § 5-2-406 , as it existed prior to 2000.
CO Code § 5-3-302 (2021)
2021 Colorado Code|Title 5 - Consumer Credit Code|Article 3 - Regulation of Agreements and Practices|Part 3 - Limitations on Consumers' Liabilities|§ 5-3-302. Limitation on Default Charges

 Except for reasonable expenses incurred in realizing on a security interest, the agreement with respect to a consumer credit transaction may not provide for charges as a result of default by the consumer other than those authorized by this code. A provision in violation of this section is unenforceable.   History. Source: L. 2000: Entire article R&RE, p. 1221, § 1, effective July 1.    Editor's note:   This section is similar to former §§ 5-2-414 and 5-3-405 , as they existed prior to 2000.   ANNOTATION   Because this section provides that only those charges allowable elsewhere under the UCCC plus reasonable expenses in realizing a security interest are permissible as default charges, higher default interest on a note is unenforceable. First Nat. Bank v. Union Tavern Corp., 794 P.2d 261 (Colo. App. 1990) (decided prior to 2000 repeal and reenactment).
CO Code § 5-3-303 (2021)
2021 Colorado Code|Title 5 - Consumer Credit Code|Article 3 - Regulation of Agreements and Practices|Part 3 - Limitations on Consumers' Liabilities|§ 5-3-303. Assignee Subject to Claims and Defenses

  With respect to a consumer credit sale or consumer lease, an assignee of the rights of the seller or lessor is subject to all claims and defenses of the buyer against the seller or lessor arising from the sale or lease of goods or services, notwithstanding that the assignee is a holder in due course of a negotiable instrument issued in connection with the consumer credit sale or consumer lease.    A claim or defense of a consumer specified in subsection (1) of this section may be asserted against the assignee under this section only to the extent of the amount owing to the assignee with respect to the sale or lease of the goods or services as to which the claim or defense arose at the time the assignee has written notice of the claim or defense.    For the purpose of determining the amount owing to the assignee with respect to the sale or lease:   Payments received by the assignee after the consolidation of two or more consumer credit sales, except pursuant to a revolving credit account, are deemed to have been first applied to the payment of the sales first made; if the sales consolidated arose from sales made on the same day, payments are deemed to have been first applied to the smallest sale; and    Payments received upon a revolving credit account are deemed to have been first applied to the payment of finance charges in the order of their entry to the account and then to the payment of debts in the order in which the entries of the debts are made to the account.       An agreement may not limit or waive the claims or defenses of a consumer under this section.     History. Source: L. 2000: Entire article R&RE, p. 1221, § 1, effective July 1.    Editor's note:   This section is similar to former § 5-2-403 , as it existed prior to 2000.   ANNOTATION   Law reviews. For article, “State Variations of the Uniform Consumer Credit Code: The Case for Legislative Restraint”, see 48 Den. L.J. 239 (1971).
CO Code § 5-3-304 (2021)
2021 Colorado Code|Title 5 - Consumer Credit Code|Article 3 - Regulation of Agreements and Practices|Part 3 - Limitations on Consumers' Liabilities|§ 5-3-304. Use of Account - Constructive Assent to Terms

 The use of a revolving credit account by a consumer, or by any person authorized by the consumer, constitutes the consumer's acceptance of the creditor's offer of credit and creates a binding contract on the creditor's terms then in effect. Such terms may be modified in the future as agreed by the parties and subject to the requirements of this article, including, but not limited to, the notice requirements of section 5-3-103 .   History. Source: L. 2000: Entire article R&RE, p. 1222, § 1, effective July 1.    Editor's note:   This section is similar to former §§ 5-2-417 and 5-3-411 , as they existed prior to 2000.
CO Code § 5-3-305 (2021)
2021 Colorado Code|Title 5 - Consumer Credit Code|Article 3 - Regulation of Agreements and Practices|Part 3 - Limitations on Consumers' Liabilities|§ 5-3-305. Advance Payment to Reserve Lodging and Motor Vehicle Rental Services - Notice to Consumer Required

 If a deposit, reservation fee, or other advance payment is to be charged to a revolving credit account for lodging or motor vehicle rental services to be provided in the future in this state, the seller shall not charge such advance payment to the consumer's account without first notifying the consumer, either orally or in writing, and giving the consumer the opportunity to reject the services.   History. Source: L. 2000: Entire article R&RE, p. 1222, § 1, effective July 1.    Editor's note:   This section is similar to former § 5-2-418 , as it existed prior to 2000.
CO Code § 5-3-401 (2021)
2021 Colorado Code|Title 5 - Consumer Credit Code|Article 3 - Regulation of Agreements and Practices|Part 4 - Home Solicitation Sales|§ 5-3-401. Definitions - “Home Solicitation Sale”

 “Home solicitation sale” means a consumer credit sale of goods or services in which the seller or a person acting for the seller personally solicits the sale and the buyer's agreement or offer to purchase is given to the seller or a person acting for the seller at a residence. It does not include a sale made pursuant to a preexisting revolving credit account, a sale made pursuant to prior negotiations between the parties at a business establishment at a fixed location where goods or services are offered or exhibited for sale, a transaction conducted and consummated entirely by mail or telephone, or a sale that is subject to the provisions of the federal “Truth in Lending Act” on the consumer's right to rescind certain transactions.   History. Source: L. 2000: Entire article R&RE, p. 1222, § 1, effective July 1.    Editor's note:   This section is similar to former § 5-2-501 , as it existed prior to 2000.   Cross references:   For the definition and federal statutory cite of the “Truth in Lending Act”, see § 5-1-302 .
CO Code § 5-3-402 (2021)
2021 Colorado Code|Title 5 - Consumer Credit Code|Article 3 - Regulation of Agreements and Practices|Part 4 - Home Solicitation Sales|§ 5-3-402. Buyer's Right to Cancel

  Except as provided in subsection (5) of this section, in addition to any right otherwise to revoke an offer, the buyer has the right to cancel a home solicitation sale until midnight of the third business day after the day on which the buyer signs an agreement or offer to purchase that complies with this part 4.    Cancellation occurs when the buyer gives written notice of cancellation to the seller at the address stated in the agreement or offer to purchase.    Notice of cancellation, if given by mail, is given when it is deposited in a mail box properly addressed and postage prepaid.    Notice of cancellation given by the buyer need not take a particular form and is sufficient if it indicates by any form of written expression the intention of the buyer not to be bound by the home solicitation sale.    The buyer may not cancel a home solicitation sale if, by separate dated and signed statement that is not as to its material provisions a printed form and describes an emergency requiring immediate remedy, the buyer requests the seller to provide goods or services without delay in order to safeguard the health, safety, or welfare of natural persons or to prevent damage to property the buyer owns or for which the buyer is responsible, and:   The seller in good faith makes a substantial beginning of performance of the contract before the buyer gives notice of cancellation; and    In the case of goods, the goods cannot be returned to the seller in substantially as good condition as when received by the buyer.        History. Source: L. 2000: Entire article R&RE, p. 1222, § 1, effective July 1.    Editor's note:   This section is similar to former § 5-2-502 , as it existed prior to 2000.
CO Code § 5-3-403 (2021)
2021 Colorado Code|Title 5 - Consumer Credit Code|Article 3 - Regulation of Agreements and Practices|Part 4 - Home Solicitation Sales|§ 5-3-403. Form of Agreement or Offer - Statement of Buyer's Rights

  In a home solicitation sale, unless the buyer requests the seller to provide goods or services without delay in an emergency, the seller must present to the buyer, and obtain his signature to, a written agreement or offer to purchase that designates as the date of the transaction the date on which the buyer actually signs and contains a statement of the buyer's rights that complies with subsection (2) of this section. A copy of any writing required by this subsection (1) to be signed by the buyer, completed at least as to the date of the transaction and the name and mailing address of the seller, shall be given to the buyer at the time the buyer signs the writing.    The statement shall comply with any notice of cancellation or a similar requirement of any trade regulation rule of the federal trade commission that by its terms applies to the home solicitation sale.    Until the seller has complied with this section, the buyer may cancel the home solicitation sale by notifying the seller in any manner and by any means of the buyer's intention to cancel; except that the buyer's right of cancellation shall expire three years after the date of the consummation of the home solicitation sale, notwithstanding the fact that the seller has not complied with this part 4.     History. Source: L. 2000: Entire article R&RE, p. 1223, § 1, effective July 1.    Editor's note:   This section is similar to former § 5-2-503 , as it existed prior to 2000.
CO Code § 5-3-404 (2021)
2021 Colorado Code|Title 5 - Consumer Credit Code|Article 3 - Regulation of Agreements and Practices|Part 4 - Home Solicitation Sales|§ 5-3-404. Restoration of Down Payment

  Within ten days after a notice of cancellation has been received by the seller or an offer to purchase has been otherwise revoked, the seller shall tender to the buyer any payments made by the buyer, any note or other evidence of indebtedness, and any goods traded in. A provision permitting the seller to keep all or any part of any goods traded in, payment, note, or other evidence of indebtedness is in violation of this section and unenforceable.    If the down payment includes goods traded in, the goods shall be tendered in substantially as good condition as when received by the seller. If the seller fails to tender the goods as provided by this section, the buyer may elect to recover an amount equal to the trade-in allowance stated in the agreement.    Until the seller has complied with the obligations imposed by this section, the buyer may retain possession of goods delivered to the buyer by the seller and has a lien on the goods in the buyer's possession or control for any recovery to which the buyer is entitled.     History. Source: L. 2000: Entire article R&RE, p. 1223, § 1, effective July 1.    Editor's note:   This section is similar to former § 5-2-504 , as it existed prior to 2000.
CO Code § 5-3-405 (2021)
2021 Colorado Code|Title 5 - Consumer Credit Code|Article 3 - Regulation of Agreements and Practices|Part 4 - Home Solicitation Sales|§ 5-3-405. Duty of Buyer - No Compensation for Services Prior to Cancellation

  Except as provided by the provisions on retention of goods by the buyer contained in section 5-3-404 (3) and allowing for ordinary wear and tear or consumption of the goods contemplated by the transaction, within a reasonable time after a home solicitation sale has been canceled or an offer to purchase revoked, the buyer upon demand must tender to the seller any goods delivered by the seller pursuant to the sale, but the buyer is not obligated to tender at any place other than the buyer's residence. If the seller fails to demand possession of goods within a reasonable time after cancellation or revocation, the goods become the property of the buyer without obligation to pay for them. For the purpose of this section, forty days is presumed to be a reasonable time.    The buyer has a duty to take reasonable care of the goods in his or her possession before cancellation or revocation and for a reasonable time thereafter during which time the goods are otherwise at the seller's risk.    If a home solicitation sale is canceled, the seller is not entitled to compensation for any services the seller performed pursuant to it.     History. Source: L. 2000: Entire article R&RE, p. 1224, § 1, effective July 1.    Editor's note:   This section is similar to former § 5-2-505 , as it existed prior to 2000.
CO Code § 5-3-501 (2021)
2021 Colorado Code|Title 5 - Consumer Credit Code|Article 3 - Regulation of Agreements and Practices|Part 5 - Consumer Insurance Premium Financing|§ 5-3-501. Scope

 The provisions of this part 5 apply to consumer insurance premium loans.   History. Source: L. 2000: Entire article R&RE, p. 1224, § 1, effective July 1.    Editor's note:   This section is similar to former § 5-7-101 , as it existed prior to 2000.
CO Code § 5-3-502 (2021)
2021 Colorado Code|Title 5 - Consumer Credit Code|Article 3 - Regulation of Agreements and Practices|Part 5 - Consumer Insurance Premium Financing|§ 5-3-502. Form of Insurance Premium Loan Agreement

 An agreement pursuant to which a consumer insurance premium loan is made shall contain the names of the insurance agent or broker negotiating each policy or contract and of the insurer issuing each policy or contract, the number and inception date of and premium for each policy or contract, the date on which the term of the loan begins, and a clear and conspicuous notice that each policy or contract may be canceled if payment is not made in accordance with the agreement. If a policy or contract has not been issued by the time the agreement is signed, the agreement may provide that the insurance agent or broker may insert the appropriate information in the agreement and, if he or she does so, shall furnish the information promptly in writing to the insured.   History. Source: L. 2000: Entire article R&RE, p. 1224, § 1, effective July 1.    Editor's note:   This section is similar to former § 5-7-102 , as it existed prior to 2000.
CO Code § 5-3-503 (2021)
2021 Colorado Code|Title 5 - Consumer Credit Code|Article 3 - Regulation of Agreements and Practices|Part 5 - Consumer Insurance Premium Financing|§ 5-3-503. Notice of Cancellation

 If a default exists on a consumer insurance premium loan and any right to cure that exists has expired without cure being effected, the lender may give notice of cancellation of each insurance policy or contract to be canceled. If given, the notice of cancellation shall be in writing and given to the insurer who issued the policy or contract and to the insured. The insurer, within two business days after receipt of the notice of cancellation together with a copy of the insurance premium loan agreement if not previously given to the insurer, shall give any notice of cancellation required by the policy, contract, or law and, within ten business days after the effective date of the cancellation, pay to the lender any premium unearned on the policy or contract as of that effective date. Within ten business days after receipt of the unearned premium, the lender shall pay to the consumer indebted upon the insurance premium loan any excess of the unearned premium received over the amount owing by the consumer upon the insurance premium loan.   History. Source: L. 2000: Entire article R&RE, p. 1224, § 1, effective July 1.    Editor's note:   This section is similar to former § 5-7-103 , as it existed prior to 2000.