Colo. Rev. Stat. § 12-10-507

Current through 11/5/2024 election

Section 12-10-507 - Violation - penalty

Any person who fails to register as a developer in violation of this part 5 commits a class 6 felony and shall be punished as provided in section 18-1.3-401. Any agreement or contract for the sale or lease of a subdivision or part thereof shall be voidable by the purchaser and unenforceable by the developer unless the developer was duly registered under the provisions of this part 5 when the agreement or contract was made.

C.R.S. § 12-10-507

Renumbered from C.R.S. § 12-61-407 and amended by 2019 Ch. 136, § 1, eff. 10/1/2019.

L. 63: p. 788, § 7. C.R.S. 1963: § 118-16-7. L. 77: Entire section amended, p. 877, § 42, effective 7/1/1979. L. 79: Entire section amended, p. 577, § 7, effective May 25. L. 89: Entire section amended, p. 743, § 19, effective July 1; entire section amended, p. 827, § 30, effective July 1. L. 2002: Entire section amended, p. 1486, § 116, effective October 1.

This section is similar to former § 12-61-407 as it existed prior to 2019.