With respect to an action brought to enjoin violations of this code under section 5-6-111 or unconscionable agreements or fraudulent or unconscionable conduct under section 5-6-112, the administrator may apply to the court for a temporary restraining order or a preliminary injunction against a respondent pending final determination of proceedings. If the court finds after a hearing that there is reasonable cause to believe that the respondent is engaging in or is likely to engage in conduct sought to be restrained, it may grant any such temporary restraining order or preliminary injunction it deems appropriate. The court may also issue such orders or judgments as may be necessary to completely compensate or restore to his or her original position any consumer affected by such violation, agreement, or conduct or if there is reasonable cause to believe funds to make refunds of excess charges under this code will not be available at a future date. No bond or other security is required of the administrator before relief under this section may be granted.
Source: L. 2000: Entire article R&RE, p. 1250, § 1, effective July 1.
Editor's note: This section is similar to former § 5-6-112, as it existed prior to 2000.
Structure Colorado Code
Title 5 - Consumer Credit Code
Part 1 - Powers and Functions of Administrator
§ 5-6-103. Definitions - "Administrator"
§ 5-6-104. Powers of Administrator - Harmony With Federal Regulations - Reliance on Rules
§ 5-6-105. Administrative Powers With Respect to Supervised Financial Organizations
§ 5-6-106. Investigatory Powers
§ 5-6-107. Application of Administrative Procedures - Provisions
§ 5-6-109. Administrative Enforcement Orders
§ 5-6-110. Assurance of Discontinuance
§ 5-6-111. Injunctions Against Violations of Code
§ 5-6-112. Injunctions Against Unconscionable Agreements and Fraudulent or Unconscionable Conduct