Colorado § 29-2-212 - Qualified purchasers.
Full text of Colorado Colorado Revised Statutes § 29-2-212 — Qualified purchasers., with citation guidance and answers to common questions.
§ 29-2-212. Qualified purchasers.
(1) A qualified purchaser may provide a direct payment permit number issued pursuant to section 39-26-103.5 to any vendor or retailer that is liable and responsible for collecting and remitting any statutory local government, special district, or requesting home rule jurisdiction sales or use tax imposed on any sale made to the qualified purchaser pursuant to the provisions of this article 2. A vendor or retailer that has received in good faith from a qualified purchaser a direct payment permit number shall not be liable or responsible for collection and remittance of any sales or use tax imposed on such sale that is paid for directly from such qualified purchaser's funds and not the personal funds of any individual.
(2) A qualified purchaser that provides a direct payment permit number to a vendor or retailer shall be liable and responsible for the amount of sales or use tax imposed on any sale made to the qualified purchaser pursuant to this article 2 in the same manner as liability would be imposed on a qualified purchaser for state sales or use tax pursuant to section 39-26-105 (5).
Source: L. 2024: Entire part added with relocations, (SB 24-025), ch. 144, p. 543, § 1, effective July 1, 2025.
Editor's note: This section is similar to former § 29-2-106 (3)(c) as it existed prior to July 1, 2025.
Frequently Asked Questions About Colorado § 29-2-212
What does Colorado Revised Statutes § 29-2-212 cover?
Section 29-2-212 ("Qualified purchasers.") 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 § 29-2-212?
A common citation format is "Colorado Revised Statutes § 29-2-212" (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 § 29-2-212 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.