Colorado § 5-4-103 - Definitions - "consumer credit insurance" - "Credit Insurance Act".
Full text of Colorado Colorado Revised Statutes § 5-4-103 — Definitions - "consumer credit insurance" - "Credit Insurance Act"., with citation guidance and answers to common questions.
§ 5-4-103. Definitions - "consumer credit insurance" - "Credit Insurance Act".
As used in this code, unless the context otherwise requires:
(1) "Consumer credit insurance" means insurance, other than insurance on property, by which the satisfaction of debt in whole or in part is a benefit provided but does not include:
(a) Insurance, as to which a finance charge is imposed and provided in relation to a credit transaction in which a payment is scheduled more than ten years after the extension of credit;
(b) Insurance issued as an isolated transaction on the part of the insurer not related to an agreement or plan for insuring consumers of the creditor; or
(c) Insurance indemnifying the creditor against loss due to the consumer's default.
(2) "Credit Insurance Act" means the "Credit Insurance Act", article 10 of title 10, C.R.S.
Source: L. 2000: Entire article R&RE, p. 1225, § 1, effective July 1.
Editor's note: This section is similar to former § 5-4-103, as it existed prior to 2000.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 5-4-103
What does Colorado Revised Statutes § 5-4-103 cover?
Section 5-4-103 ("Definitions - "consumer credit insurance" - "Credit Insurance Act".") 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 § 5-4-103?
A common citation format is "Colorado Revised Statutes § 5-4-103" (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 § 5-4-103 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.