C.R.S. § 5-3-302

5-3-302. Limitation on default charges

Year: 2026Length: 54 wordsOfficial source
5-3-302. Limitation on default charges. Except for reasonable expenses incurred in realizing on a security interest, the agreement with respect to a consumer credit transaction may not provide for charges as a result of default by the consumer other than those authorized by this code. A provision in violation of this section is unenforceable.
C.R.S. § 5-3-302: 5-3-302. Limitation on default charges | Justis AI