Colo. Rev. Stat. § 5-10-102

Current through Acts effective through 6/7/2024 of the 2024 Legislative Session
Section 5-10-102 - Legislative declaration
(1) This article shall be liberally construed and applied to promote its underlying purposes and policies.
(2) The underlying purposes and policies of this article are to:
(a) Simplify, clarify, and modernize the law governing rental purchase agreements;
(b) Provide certain disclosures to consumers who enter into rental purchase agreements and to promote consumer understanding of the terms of rental purchase agreements;
(c) To protect consumers against unfair practices by some rental purchase dealers, having due regard for the interest of legitimate and scrupulous rental dealers; and
(d) To permit and encourage the development of fair and economically sound rental purchase practices.

C.R.S. § 5-10-102

L. 90: Entire article added, p. 366, § 1, effective 1/1/1991.