Colo. Rev. Stat. § 5-3.1-111

Current through Chapter 492 of the 2024 Legislative Session

Section 5-3.1-111 - Redemption of instrument

Prior to the lender negotiating or presenting the instrument, the consumer shall have the right to redeem any instrument held by a lender as a result of a deferred deposit loan if the consumer pays the full amount of the instrument to the lender.

C.R.S. § 5-3.1-111

L. 2000: Entire article added, p. 442, § 1, effective July 1.