Refunds or penalties to which the consumer is entitled pursuant to this part 2 may be set off against the consumer obligation and may be raised as a defense to a suit on the obligation without regard to the time limitations prescribed by said sections.
Source: L. 2000: Entire article R&RE, p. 1243, § 1, effective July 1.
Editor's note: This section is similar to former § 5-5-205, as it existed prior to 2000.
Structure Colorado Code
Title 5 - Consumer Credit Code
Article 5 - Remedies and Penalties
§ 5-5-201. Effect of Violations on Rights of Parties
§ 5-5-202. Civil Liability for Violation of Disclosure Provisions
§ 5-5-203. Consumer's Right to Rescind Certain Transactions