In accordance with section 5-2-301 , no person shall engage in the business of deferred deposit loans without having first obtained a supervised lender’s license pursuant to section 5-2-302 . A separate license shall be required for each location where such business is conducted.
C.R.S. § 5-3.1-116
License requirement
Known as the Deferred Deposit Loan Act
The act spans §§ 5–5 (24 sections).
Digitized from: Public.Law — Colorado Revised Statutes. Reproduced from public-domain Colorado statutes; confirm against the official source for the current text. Not legal advice.