The parties may agree to add to a revolving account the unpaid balance of a consumer credit transaction not made pursuant to a revolving account. The unpaid balance is an amount equal to the amount financed determined according to the provisions on refinancing contained in section 5-2-205.
Source: L. 2000: Entire article R&RE, p. 1201, § 1, effective July 1.
Editor's note: This section is similar to former § 5-2-207 (5), as it existed prior to 2000.
Structure Colorado Code
Title 5 - Consumer Credit Code
Article 2 - Finance Charges and Related Provisions
Part 2 - Maximum Finance Charges and Other Fees and Charges
§ 5-2-201. Finance Charge for Consumer Credit Transactions
§ 5-2-203. Delinquency Charges
§ 5-2-205. Finance Charge on Refinancing
§ 5-2-206. Finance Charge on Consolidation
§ 5-2-207. Prepaid Finance Charge
§ 5-2-208. Conversion to Revolving Account
§ 5-2-209. Advances to Perform Covenants of Consumer
§ 5-2-211. Rebate Upon Prepayment - Definitions
§ 5-2-212. Surcharges on Credit Transactions - Enforcement - Definitions
§ 5-2-213. Lender and Seller Credit Cards
§ 5-2-214. Alternative Charges for Loans Not Exceeding One Thousand Dollars