In establishing the cost of a given product to the distributor and vendor, the invoice cost of the product purchased at a forced, bankrupt, closeout sale, or other sale outside of the ordinary channels of trade may not be used as a basis for justifying a price lower than one based upon the replacement cost as of date of said sale of the product replaced through the ordinary channels of trade, unless the product is kept separate from goods purchased in the ordinary channels of trade and unless the product is advertised and sold as merchandise purchased at a forced, bankrupt, closeout sale, or by means other than through the ordinary channels of trade. The advertising shall state the conditions under which said goods were purchased and the quantity of such merchandise to be sold or offered for sale.
Source: L. 37: p. 1283, § 4. CSA: C. 48, § 302(4). L. 41: p. 822, § 4. L. 49: p. 344, § 4. CRS 53: § 55-2-4. C.R.S. 1963: § 55-2-4. L. 2007: Entire section amended, p. 514, § 3, effective April 16.
Structure Colorado Code
Title 6 - Consumer and Commercial Affairs
Article 2 - Unfair Practices Act
§ 6-2-102. Legislative Declaration
§ 6-2-103. Discriminatory Sales - Exceptions
§ 6-2-104. Personal Responsibility
§ 6-2-105. Unlawful to Sell Below Cost - Definition
§ 6-2-106. How Cost Established
§ 6-2-107. Allegation and Proof - Evidence
§ 6-2-108. Secret Rebates or Refunds Prohibited
§ 6-2-108. Secret Rebates or Refunds Prohibited
§ 6-2-109. Contract Illegal - When
§ 6-2-110. When Provisions Not Applicable
§ 6-2-111. Unlawful Acts - Remedy - License - Rules
§ 6-2-111.5. Civil Discovery Requests
§ 6-2-112. Testimony - Books and Records
§ 6-2-114. Advertising Goods Not Available
§ 6-2-115.5. State Agencies - Authority to Contract With Private Enterprise