Colorado § 6-1-714 - Unfair drug pricing practice - deceptive trade practice - definitions.
Full text of Colorado Colorado Revised Statutes § 6-1-714 — Unfair drug pricing practice - deceptive trade practice - definitions., with citation guidance and answers to common questions.
§ 6-1-714. Unfair drug pricing practice - deceptive trade practice - definitions.
(1) As used in this section, unless the context otherwise requires:
(a) "Emergency" means a declaration made by the department of public health and environment pursuant to section 25-1.5-101 (1)(aa), C.R.S., after the department has determined that there is a shortage of drugs critical to public safety.
(b) "Unfair drug pricing" means charging a consumer an unconscionable amount for the sale of a drug. Unfair drug pricing occurs if:
(I) The price charged by a wholesaler, distributor, or retailer exceeds by more than ten percent the average price for the drug charged by that wholesaler, distributor, or retailer during the thirty days immediately preceding the declaration of an emergency; and
(II) The increase in the amount charged by a wholesaler, distributor, or retailer is not attributable to cost factors of the retailer, including, but not limited to, replacement costs, taxes, and transportation costs incurred by that wholesaler, distributor, or retailer.
(2) A person engages in a deceptive trade practice when, in the course of such person's business, vocation, or occupation, the person engages in the practice of unfair drug pricing.
Source: L. 2005: Entire section added, p. 372, § 2, effective April 22.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 6-1-714
What does Colorado Revised Statutes § 6-1-714 cover?
Section 6-1-714 ("Unfair drug pricing practice - deceptive trade practice - definitions.") 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 § 6-1-714?
A common citation format is "Colorado Revised Statutes § 6-1-714" (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 § 6-1-714 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.