Colo. Rev. Stat. § 5-3-302
Limitation on default charges
Colorado · Colorado Revised Statutes Title 5 — Consumer Credit Code · Status: effective
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- Citation
- Colo. Rev. Stat. § 5-3-302, Limitation on default charges, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2283602
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Full text
Except for reasonable expenses incurred in realizing on a security interest, the agreement with respect to a consumer credit transaction may not provide for charges as a result of default by the consumer other than those authorized by this code. A provision in violation of this section is unenforceable.