It is unlawful for any person who hereafter so accepts or receives, either directly or indirectly, any payment, thing, or service of value, as set forth in section 44-20-206, or contracts, either directly or indirectly, to receive any such payment, or thing, or service of value to thereafter finance or attempt to finance the purchase or sale of any motor vehicle or buy or attempt to buy any conditional sales contracts, chattel mortgages, or leases on motor vehicles sold at retail in this state.
Source: L. 2018: Entire article added with relocations, (SB 18-030), ch. 7, p. 92, § 2, effective October 1.
Editor's note: This section is similar to former § 12-6-207 as it existed prior to 2018.
Structure Colorado Code
Title 44 - Revenue - Regulation of Activities
Article 20 - Sale of Self-Propelled Vehicles
Part 2 - Antimonopoly Financing Law
§ 44-20-202. Exclusive Finance Agreements Void - When
§ 44-20-203. Threat Prima Facie Evidence of Violation
§ 44-20-204. Threat by Agent as Evidence of Violation
§ 44-20-205. Offering Consideration to Eliminate Competition
§ 44-20-206. Accepting Consideration to Eliminate Competition
§ 44-20-207. Recipient of Consideration Shall Not Buy Mortgages
§ 44-20-208. Quo Warranto Action
§ 44-20-209. Violation by Foreign Corporation - Penalty