Section 5-6-201 - Applicability(1) Except as provided in subsections (2) and (3) of this section, this part 2 applies if a person: (a) Makes consumer credit sales and charges or collects a finance charge, or makes consumer leases; or(b) Takes assignments of and undertakes direct collection of payments from, or enforcement of rights against, consumers arising from consumer credit sales or consumer leases.(2) This part 2 does not apply to supervised lenders described in section 5-1-301 (46), persons making consumer loans described in section 5-1-301 (15), or to persons licensed as collection agencies pursuant to article 16 of this title 5.(3) Section 5-6-204 of this part 2 applies to all fees collected under this code.Amended by 2023 Ch. 360,§ 3, eff. 8/7/2023.Amended by 2017 Ch. 260, §10, eff. 8/9/2017.L. 2000: Entire article R&RE, p. 1252, § 1, effective July 1. L. 2009: (1)(a) amended, (HB 09 -1141), ch. 41, p. 158, §4, effective 1/1/2010. L. 2017: (2) amended, (HB 17-1238), ch. 260, p. 1171, § 10, effective August 9.This section is similar to former § 5-6-201, as it existed prior to 2000.
2023 Ch. 360, was passed without a safety clause. See Colo. Const. art. V, § 1(3).