As used in this part 2, unless the context otherwise requires:
(I) Is not made, insured, or guaranteed under Title IV of the "Higher Education Act of 1965", 20 U.S.C. sec. 1070 et seq., as amended; and
(II) Is extended to a consumer expressly, in whole or in part, for postsecondary educational expenses, regardless of whether the loan is provided by the postsecondary educational institution that the student attends.
(I) Has been determined by the United States secretary of veterans affairs to be unemployable due to a service-connected disability; or
(II) Is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment that can be expected to result in death, has lasted for a continuous period of not less than twelve months, or can be expected to last for a continuous period of not less than twelve months.
Source: L. 2021: Entire part added, (SB 21-057), ch. 378, p. 2517, § 5, effective June 29.
Structure Colorado Code
Title 5 - Consumer Credit Code
Article 20 - Colorado Student Loan Equity
Part 2 - Private Student Education Lenders
§ 5-20-201. Scope of Part - Construction With Other Laws - Legislative Declaration
§ 5-20-203. Registration of Private Education Lenders - Penalties - Rules
§ 5-20-204. Cosigner Disclosures
§ 5-20-207. Bankruptcy or Death of Cosigner
§ 5-20-208. Total and Permanent Disability of the Private Education Loan Borrower or Cosigner
§ 5-20-209. Refinancing - Additional Disclosures - Limitations on Default Pending Approval
§ 5-20-210. Prohibited Conduct
§ 5-20-211. Record Retention - Confidentiality
§ 5-20-212. Collection on Debt - Prerequisites - Documentation
§ 5-20-213. Actions - Counterclaims
§ 5-20-214. Remedies - Civil Actions - Limitations - Deceptive Trade Practice