Colorado Revised Statutes Title 11. Financial Institutions § 11-61-102. Retailers' acceptance of United States currency--penalty--definitions

(2)(a) This section applies to a retail establishment only if the establishment has an individual accepting payment in person for the goods and services being offered.

(b) This section does not apply to a retail transaction in which the retail establishment requires that:

(c) This section does not apply to a retail establishment that uses a device to convert a consumer's cash into a prepaid card allowing the consumer to complete a transaction at the retail establishment if:

(d) This section does not apply to a bank, as defined in section 11-101-401(5), or a credit union, as defined in section 11-30-101(1)(a).

(e) This section does not apply to a retail establishment in which the retail establishment's primary method of selling goods or services is through an automatic renewal contract.

(f) A retail establishment with more than one point of sale at a single address complies with this section if it accepts United States currency, including federal reserve notes, at no fewer than one point of sale at the address.

(a) “Automatic renewal contract” has the meaning set forth in section 6-1-732(1)(a).

(b) “Retail establishment” means a business that:

(c) “Security deposit” means a sum of money that one party to a contract deposits with another party to a contract for the purpose of securing the depositor's performance of obligations created by the contract.