reglab/housing_qa huggingface dataset:
CO Code § 11-48-107 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 48 - Electronic Funds Transfers for Financial Institutions Other Than Banks|§ 11-48-107. Access to Automated Clearinghouse

 Effective January 1, 1978, an automated clearinghouse in this state shall permit direct access to or membership in such clearinghouse by any financial institution if such access is not prohibited by any rule or regulation of the federal reserve board and if the financial institution agrees to abide by the rules of the clearinghouse. For purposes of this section, “automated clearinghouse” means a group of financial institutions or banks which have agreed to abide by certain rules and procedures for the purpose of exchanging payments and settling balances of participating financial institutions on computer tape to accomplish settlement of transactions by posting credits and debits to reserve balances maintained by member banks of the federal reserve systems through the federal reserve system.   History. Source: L. 77: Entire article added, p. 554, § 3, effective May 20.
CO Code § 11-49-101 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 49 - Life Care Institutions|§ 11-49-101. Definitions

 As used in this article 49, unless the context otherwise requires:    “Aged person” means any person sixty-two years of age or older.    “Board” means the financial services board created in section 11-44-101.6.    “Commissioner” means the state commissioner of financial services, serving in accordance with section 11-44-102.    “Entrance fee” means the total of any initial or deferred transfer to or for the benefit of a provider of a sum of money or other property made or promised to be made as full or partial consideration for the acceptance or maintenance of a specified individual as a resident in a facility.    “Facility” means the place in which a provider undertakes to provide life care to a resident.    “Life care” means care provided, pursuant to a life care contract, for the life of an aged person, including but not limited to services such as health care, medical services, board, lodging, or other necessities.    “Life care contract” means a written contract to provide life care to a person for the duration of the person's life conditioned upon the transfer of an entrance fee to the provider of the services in addition to or in lieu of the payment of regular periodic charges for the care and services involved. Any life care contract payable to or for the provider in four or more installments shall be subject to the provisions of the “Uniform Consumer Credit Code”, articles 1 to 9 of title 5.    “Living unit” means a room, apartment, or other area within a facility set aside for the exclusive use or control of one or more identified residents.    “Person” means all corporations, associations, partnerships, or individuals, including fraternal or benevolent orders or societies.    “Provider” means a person who undertakes to provide services in a facility pursuant to a life care contract.    “Resident” means any person entitled pursuant to a life care contract to receive life care in a facility.    “Third-party service providers” means any person, other than a provider, who is the holder of a management contract with a provider or who contracts with a provider to provide life care services to residents.     History. Source: L. 2017: Entire article added with relocations,(SB 17-226), ch. 159, p. 567, § 1, effective August 9.    Editor's note:   This section is similar to former § 12-13-101 as it existed prior to 2017.
CO Code § 11-49-103 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 49 - Life Care Institutions|§ 11-49-103. Withdrawal or Dismissal of Person - Refund

  If the agreement permits withdrawal or dismissal of the resident from the life care institution prior to the expiration of the agreement, with or without cause, an amount equal to the difference between the amount paid in and the amount used for the care of the resident during the time he or she remained in the institution, based upon the per capita cost to the institution as determined in a manner acceptable to the commissioner, shall be refunded to the resident; but in cases where a consideration greater than the minimum charge has been paid for accommodations above standard, a sum equal to the difference between the amount paid in and the ratio of the amount paid to the minimum consideration for standard accommodations times the current per capita cost to the institution applied to the period the resident remained in the institution shall be refunded to the resident. If the per capita cost to the institution during the period cannot be established otherwise, the cost during the period shall be deemed to be the cost at the time of the withdrawal or dismissal. For refund purposes, “cost” shall include a reasonable profit to the provider.    If the provider is an organization described in section 501 (c)(3) of the federal “Internal Revenue Code of 1986”, as amended, and exempt from income taxation under section 501   of the federal “Internal Revenue Code of 1986”, as amended, it shall be entitled to make a refund according to a schedule provided in its agreement with the resident so long as the schedule provides for amortization of the amount paid by the resident over a period of not less than sixty months or over the life expectancy of the resident if the expectancy is less than sixty months. In such case, the refund may be delayed for a reasonable period thereafter until the securing by the provider of a substitute fee from another resident or prospective resident. The provider may also deduct from any such refund amounts due it from the resident for damage done or for any other legitimate offsetting item.        History. Source: L. 2017: Entire article added with relocations,(SB 17-226), ch. 159, p. 569, § 1, effective August 9.    Editor's note:   This section is similar to former § 12-13-105 as it existed prior to 2017.
CO Code § 11-49-106 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 49 - Life Care Institutions|§ 11-49-106. Annual Report by Providers - Fee

  Each provider shall file an annual report with the commissioner within ninety days after the end of its fiscal year that contains the certified financial statements for each facility and such other information as may be required by the commissioner. The annual report shall be made in a form prescribed by the commissioner.    A provider shall amend its annual report on file with the commissioner if an amendment is necessary to prevent the report from containing a material misstatement of fact or omission of a material fact.    A provider shall make its annual report available to residents upon request.    The failure to file an annual report within the time prescribed in subsection (1) of this section shall constitute a violation of this article 49.     History. Source: L. 2017: Entire article added with relocations,(SB 17-226), ch. 159, p. 573, § 1, effective August 9.    Editor's note:   This section is similar to former § 12-13-108 as it existed prior to 2017.
CO Code § 11-49-107 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 49 - Life Care Institutions|§ 11-49-107. Examination - Fees

 The commissioner may conduct an examination of the affairs of any provider as often as the commissioner deems it necessary for the protection of the interests of the people of this state. Providers shall maintain copies of their books and records in Colorado to provide access for the purposes of this article 49. The commissioner shall assess each provider at least semiannually, to cover the annual direct and indirect costs of examinations, supervision, and administration conducted pursuant to the provisions of this section. The assessments shall be calculated in terms of cents per thousand dollars of total escrowed entrance fees and reserves maintained. The assessment calculation, or ratio of the assessment charged to total escrowed entrance fees and reserves maintained, shall be alike in all cases. On or before the dates specified by the commissioner, each association shall pay its assessment. If deemed necessary, the commissioner may estimate a per diem rate to be charged for examinations and charge a provider for the actual cost of any examination documented by the commissioner.   History. Source: L. 2017: Entire article added with relocations,(SB 17-226), ch. 159, p. 573, § 1, effective August 9.    Editor's note:   This section is similar to former § 12-13-110 as it existed prior to 2017.
CO Code § 11-49-108 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 49 - Life Care Institutions|§ 11-49-108. Rules

 The board may promulgate reasonable rules in accordance with article 4 of title 24 for effectuating any provision of this article 49.   History. Source: L. 2017: Entire article added with relocations,(SB 17-226), ch. 159, p. 573, § 1, effective August 9.    Editor's note:   This section is similar to former § 12-13-111 as it existed prior to 2017.
CO Code § 11-49-109 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 49 - Life Care Institutions|§ 11-49-109. Violation

 [ ] Any person acting in the capacity of a provider who enters into a life care contract, or extends the term of an existing life care contract, without acting in compliance with the provisions of this article 49 is guilty of a misdemeanor and, upon conviction thereof, shall be punished by a fine of not more than ten thousand dollars, or by imprisonment in the county jail for not more than six months, or by both such fine and imprisonment.  Editor's note: This version of this section is effective until March 1, 2022.  History. Source: L. 2017: Entire article added with relocations,(SB 17-226), ch. 159, p. 573, § 1, effective August 9. L. 2021: Entire section amended,(SB 21-271), ch. 462, p. 3152, § 129, effective March 1, 2022.    Editor's note:    This section is similar to former § 12-13-112 as it existed prior to 2017.    Section 803(2) of chapter 462 (SB 21-271), Session Laws of Colorado 2021, provides that the act changing this section applies to offenses committed on or after March 1, 2022.
CO Code § 11-49-109 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 49 - Life Care Institutions|§ 11-49-109. Violation

 [ ] Any person acting in the capacity of a provider who enters into a life care contract, or extends the term of an existing life care contract, without acting in compliance with the provisions of this article 49 commits a class 2 misdemeanor.  Editor's note: This version of this section is effective March 1, 2022.  History. Source: L. 2017: Entire article added with relocations,(SB 17-226), ch. 159, p. 573, § 1, effective August 9. L. 2021: Entire section amended,(SB 21-271), ch. 462, p. 3152, § 129, effective March 1, 2022.
CO Code § 11-49-110 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 49 - Life Care Institutions|§ 11-49-110. Article Does Not Apply to Facilities Licensed by Department of Public Health and Environment

 The provisions of this article 49 shall not apply to any hospital or other facility that the department of public health and environment is authorized to license pursuant to part 1 of article 1.5 and part 1 of article 3 of title 25; except that nursing care facilities and assisted living residences that are part of the facility of a provider as defined in section 11-49-101 shall be subject to the provisions of this article 49.   History. Source: L. 2017: Entire article added with relocations,(SB 17-226), ch. 159, p. 573, § 1, effective August 9.    Editor's note:   This section is similar to former § 12-13-113 as it existed prior to 2017.
CO Code § 11-49-111 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 49 - Life Care Institutions|§ 11-49-111. Life Care Contract - Content

  Each life care contract shall be written in a clear and coherent manner using words with common and everyday meanings and shall:   Show the value of all property transferred, including but not limited to donations, subscriptions, fees, and any other amounts initially paid or payable by or on behalf of the prospective resident;    Show all the services that are to be provided by the provider to the prospective resident, including, in detail, all items that the prospective resident will receive, such as board, room, clothing, incidentals, medical care, transportation, and burial, and whether the items will be provided for a designated time period or for life and the monthly charge for the services;    Be accompanied by a financial statement showing in reasonable detail the financial condition of the provider, including a statement of earnings for the previous twenty-four-month period, or such shorter period if the facility has been in operation for a lesser period, that shall be furnished to the prospective resident;    Specify the monthly service fee and whether the fee is subject to adjustment;    Explicitly state what rights, if any, a resident will have to participate either individually or as part of a group of residents in management and financial decisions affecting the facility.        History. Source: L. 2017: Entire article added with relocations,(SB 17-226), ch. 159, p. 574, § 1, effective August 9.    Editor's note:   This section is similar to former § 12-13-114 as it existed prior to 2017.
CO Code § 11-49-112 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 49 - Life Care Institutions|§ 11-49-112. Register

  Every provider shall maintain a register setting forth the following facts concerning each person residing in the life care institution:   Name;    Last previous address;    Age;    Nearest of kin, if any;    Mother's maiden name;    The person responsible for each resident's care and maintenance;    Such other data as the commissioner may reasonably require.        History. Source: L. 2017: Entire article added with relocations,(SB 17-226), ch. 159, p. 574, § 1, effective August 9.    Editor's note:   This section is similar to former § 12-13-115 as it existed prior to 2017.
CO Code § 11-49-113 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 49 - Life Care Institutions|§ 11-49-113. Advertisements and Solicitations of Life Care Contracts - Requirements

 Any report, circular, public announcement, certificate, or financial statement, or any other printed matter or advertising material that is designed for or used to solicit or induce persons to enter into any life care contract, and that lists or refers to the name of any individual or organization as being interested in or connected with the person, association, or corporation to perform the contract, shall clearly state the extent of financial responsibility assumed by that individual or organization for the person, association, or corporation and the fulfillment of its contracts.   History. Source: L. 2017: Entire article added with relocations,(SB 17-226), ch. 159, p. 575, § 1, effective August 9.    Editor's note:   This section is similar to former § 12-13-116 as it existed prior to 2017.
CO Code § 11-49-114 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 49 - Life Care Institutions|§ 11-49-114. Injunction Against Violations - Prosecution

  The commissioner may bring an action, through the attorney general, to enjoin the threatened violation or continued violation of the provisions of this article 49 or of any of the rules promulgated pursuant to this article 49, in the district court for the county in which the violation occurred or is about to occur. Any proceeding under the provisions of this section shall be subject to the Colorado rules of civil procedure; except that the commissioner shall not be required to allege facts necessary to show or tending to show the lack of an adequate remedy at law or to show or tending to show irreparable damage or loss. The court may award the attorney general all costs incurred in bringing any action under this section.    Upon application by the commissioner, the attorney general or the district attorney of any judicial district in this state shall institute and prosecute an action for the criminal violation of any provision of this article 49.     History. Source: L. 2017: Entire article added with relocations,(SB 17-226), ch. 159, p. 575, § 1, effective August 9.    Editor's note:   This section is similar to former § 12-13-117 as it existed prior to 2017.
CO Code § 11-49-115 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 49 - Life Care Institutions|§ 11-49-115. Local Regulations

 The provisions of this article 49 shall not prevent local authorities of any county, city, town, or city and county, within the reasonable exercise of the police power, from adopting rules, by ordinance or resolution, prescribing standards of sanitation, health, and hygiene for facilities that are not in conflict with the provisions of this article 49 or the rules adopted by the commissioner pursuant thereto, and requiring a local health permit for the maintenance or conduct of any such facility within the county, city, town, or city and county.   History. Source: L. 2017: Entire article added with relocations,(SB 17-226), ch. 159, p. 575, § 1, effective August 9.    Editor's note:   This section is similar to former § 12-13-118 as it existed prior to 2017.
CO Code § 11-50-101 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-101. Short Title

 This article shall be known and may be cited as the “Colorado Uniform Transfers to Minors Act”.   History. Source: L. 84: Entire article R&RE, p. 383, § 1, effective July 1.    Editor's note:   This section is similar to former § 11-50-101 as it existed prior to 1984.
CO Code § 11-50-102 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-102. Definitions

 As used in this article, unless the context otherwise requires:    “Adult” means an individual who has attained the age of twenty-one years.    “Benefit plan” means an employer's plan for the benefit of an employee or partner.    “Broker” means a person lawfully engaged in the business of effecting transactions in securities or commodities for the person's own account or for the account of others.    “Conservator” means a person appointed or qualified by a court to act as general, limited, or temporary guardian of a minor's property or a person legally authorized to perform substantially the same functions.    “Court” means the district or probate court which would have jurisdiction of the minor's estate, if he had property other than custodial property, as provided in section 15-14-108 (1), C.R.S.    “Custodial property” means:   Any interest in property transferred to a custodian under this article; and    The income from and proceeds of that interest in property.       “Custodian” means a person so designated under section 11-50-110 or a successor or substitute custodian designated under section 11-50-119.    “Financial institution” means a bank, trust company, savings institution, or credit union, chartered and supervised under state or federal law.    “Legal representative” means an individual's personal representative or conservator.    “Member of the minor's family” means the minor's parent, stepparent, spouse, grandparent, brother, sister, uncle, or aunt, whether of the whole or half blood or by adoption.    “Minor” means an individual who has not attained the age of twenty-one years.    “Person” means an individual, corporation, organization, or other legal entity.    “Personal representative” means an executor, administrator, successor personal representative, or special administrator of a decedent's estate or a person legally authorized to perform substantially the same functions. (13.5) “Qualified minor's trust” means a trust, including a trust created by a custodian, of which a minor is the sole current beneficiary and that satisfies the requirements of section 2503 (c) of the federal “Internal Revenue Code of 1986” and the regulations implementing that section.    “State” includes any state of the United States, the District of Columbia, the Commonwealth of Puerto Rico, and any territory or possession subject to the legislative authority of the United States.    “Transfer” means a transaction that creates custodial property under section 11-50-110.    “Transferor” means a person who makes a transfer under this article.    “Trust company” means a financial institution, corporation, or other legal entity, authorized to exercise general trust powers.     History. Source: L. 84: Entire article R&RE, p. 383, § 1, effective July 1. L. 2000: (5) amended, p. 1832, § 2, effective January 1, 2001. L. 2007: (13.5) added, p. 126, § 2, effective July 1.    Editor's note:   This section is similar to former § 11-50-102 as it existed prior to 1984.
CO Code § 11-50-103 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-103. Scope and Jurisdiction

  This article applies to a transfer that refers to this article in the designation under section 11-50-110 (1) by which the transfer is made if, at the time of the transfer, the transferor, the minor, or the custodian is a resident of this state or the custodial property is located in this state. The custodianship so created remains subject to this article despite a subsequent change in residence of a transferor, the minor, or the custodian, or the removal of custodial property from this state.    A person designated as custodian under this article is subject to personal jurisdiction in this state with respect to any matter relating to the custodianship.    A transfer that purports to be made and which is valid under the uniform transfers to minors act, the uniform gifts to minors act, or a substantially similar act of another state is governed by the law of the designated state and may be executed and is enforceable in this state if, at the time of the transfer, the transferor, the minor, or the custodian is a resident of the designated state or the custodial property is located in the designated state.     History. Source: L. 84: Entire article R&RE, p. 384, § 1, effective July 1.
CO Code § 11-50-104 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 50 - Colorado Uniform Transfers to Minors Act|§ 11-50-104. Nomination of Custodian

  A person having the right to designate the recipient of property transferable upon the occurrence of a future event may revocably nominate a custodian to receive the property for a minor beneficiary upon the occurrence of the event by naming the custodian followed in substance by the words: “as custodian for _______________ (name of minor) under the “Colorado Uniform Transfers to Minors Act””. The nomination may name one or more persons as substitute custodians to whom the property must be transferred, in the order named, if the first nominated custodian dies before the transfer or is unable, declines, or is ineligible to serve. The nomination may be made in a will, a trust, a deed, an instrument exercising a power of appointment, or a writing designating a beneficiary of contractual rights which is registered with or delivered to the payer, issuer, or other obligor of the contractual rights.    A custodian nominated under this section must be a person to whom a transfer of property of that kind may be made under section 11-50-110 (1).    The nomination of a custodian under this section does not create custodial property until the nominating instrument becomes irrevocable or a transfer to the nominated custodian is completed under section 11-50-110. Unless the nomination of a custodian has been revoked, upon the occurrence of the future event the custodianship becomes effective and the custodian shall enforce a transfer of the custodial property pursuant to section 11-50-110.     History. Source: L. 84: Entire article R&RE, p. 385, § 1, effective July 1.