Payment of a reverse mortgage, in whole or in part, shall be permitted without penalty at any time during the period of such reverse mortgage.
Source: L. 92: Entire article added, p. 940, § 1, effective April 23.
Structure Colorado Code
Title 11 - Financial Institutions
Article 38 - Reverse Mortgages
§ 11-38-101. Legislative Declaration
§ 11-38-104. Intervening Liens
§ 11-38-105. Interest - Periodic Advances
§ 11-38-108. Inapplicability of Related Statutes
§ 11-38-109. Disclosure - Total Loan Cost
§ 11-38-110. Treatment of Reverse Mortgage Loan Proceeds by Public Benefit Programs