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Colorado Revised Statutes Title 5. Consumer Credit Code § 5-10-805. Fees

Current as of January 01, 2025 | Updated by Findlaw Staff

(1) A lessor required to file a notification with the administrator under section 5-10-804 shall pay to the administrator the following fees:

(a) A fee in an amount to be established by the administrator for each address listed in section 5-10-804(2)(c), paid at the time of the filing of the initial notification with the administrator;

(b) A fee in an amount to be established by the administrator for each address listed in section 5-10-804(2)(c), paid at the time of the filing of each annual notification subsequently filed with the administrator.

(2) In addition to the fees required under subsection (1) of this section, if the administrator examines the books and records of the lessor, the lessor shall pay to the administrator a fee of two hundred dollars for each day required for the administrator or the administrator's representative to conduct the examination. However, the sum of all fees collected from a lessor under this subsection (2) may not exceed one thousand dollars in any calendar year.

(3) Repealed by Laws 2023, Ch. 360 (S.B. 23-248), § 8, eff. Aug. 7, 2023.

(4) On and after July 1, 2024, the state treasurer shall credit all fees collected under this article 10 to the consumer credit unit cash fund created in section 5-2-302(11).

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Cite this article: FindLaw.com - Colorado Revised Statutes Title 5. Consumer Credit Code § 5-10-805. Fees - last updated January 01, 2025 | https://codes.findlaw.com/co/title-5-consumer-credit-code/co-rev-st-sect-5-10-805/

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