For purposes of the provisions on civil liability for violation of the disclosure provisions contained in section 5-5-202 and on a consumer’s right to rescind certain transactions contained in section 5-5-203 , “consumer credit transaction” includes a transaction primarily secured by an interest in land without regard to the rate of the finance charge if the transaction is otherwise a consumer credit transaction.
C.R.S. § 5-5-204
Interests in land
Known as the Uniform Consumer Credit Code
The act spans §§ 5–5 (90 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.