Colorado § 5-2-208 - Conversion to revolving account.
Full text of Colorado Colorado Revised Statutes § 5-2-208 — Conversion to revolving account., with citation guidance and answers to common questions.
§ 5-2-208. Conversion to revolving account.
The parties may agree to add to a revolving account the unpaid balance of a consumer credit transaction not made pursuant to a revolving account. The unpaid balance is an amount equal to the amount financed determined according to the provisions on refinancing contained in section 5-2-205.
Source: L. 2000: Entire article R&RE, p. 1201, § 1, effective July 1.
Editor's note: This section is similar to former § 5-2-207 (5), as it existed prior to 2000.
ANNOTATION
Law reviews. For article, "State Variations of the Uniform Consumer Credit Code: The Case for Legislative Restraint", see 48 Den. L.J. 239 (1971). For article, "Colorado Usury", see 11 Colo. Law. 2557 (1982).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 5-2-208
What does Colorado Revised Statutes § 5-2-208 cover?
Section 5-2-208 ("Conversion to revolving account.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 5-2-208?
A common citation format is "Colorado Revised Statutes § 5-2-208" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 5-2-208 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.