The administrator may bring a civil action against a student loan servicer for any violation of this article 20. An action may relate to transactions with more than one person. The court may order a student loan servicer to refund to a person any charges collected in violation of this article 20 and may also assess civil penalties against the student loan servicer as set forth in section 5-20-112 (2). If the administrator prevails in an action brought under this section, the administrator may recover reasonable costs in investigating and bringing the action and may recover reasonable attorney fees.
Source: L. 2019: Entire article added, (SB 19-002), ch. 157, p. 1872, § 2, effective August 2.