Colo. Rev. Stat. § 44-20-206

Current through Acts effective through 6/7/2024 of the 2024 Legislative Session

Section 44-20-206 - Accepting consideration to eliminate competition

It is unlawful for any person who is engaged in the business of financing the purchase or sale of motor vehicles or of buying conditional sales contracts, chattel mortgages, or leases on motor vehicles sold at retail within this state to accept or receive, or contract or agree to accept or receive, either directly or indirectly, any payment, thing, or service of value from any person who is engaged, either directly or indirectly, in the manufacture of or wholesale distribution only of motor vehicles, whether patented or unpatented, if the effect of the acceptance or receipt of any such payment, thing, or service of value may be to lessen or eliminate competition, or to create or tend to create a monopoly in the person who accepts or receives such payment, thing, or service of value or contracts or agrees to accept or receive the same.

C.R.S. § 44-20-206

Renumbered from C.R.S. § 12-6-206 and amended by 2018 Ch. 7,§ 2, eff. 10/1/2018.

L. 2018: Entire article added with relocations, (SB 18-030), ch. 7, p. 92, § 2, effective October 1.

This section is similar to former § 12-6-206 as it existed prior to 2018.