Notice on assignment or sale of instruments.

  1. Law
  2. Colorado Revised Statutes
  3. Consumer Credit Code
  4. Deferred Deposit Loan Act
  5. Notice on assignment or sale of instruments.

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Prior to sale or assignment of instruments held by the lender as a result of a deferred deposit loan, the lender shall place a notice on the instrument in at least ten-point type to read:

THIS IS A DEFERRED DEPOSIT LOAN INSTRUMENT.

Source: L. 2000: Entire article added, p. 442, § 1, effective July 1.


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