Colorado § 10-15-118 - Violation.
Full text of Colorado Colorado Revised Statutes § 10-15-118 — Violation., with citation guidance and answers to common questions.
§ 10-15-118. Violation.
(1) Any person who violates any provision of this article 15 commits a class 2 misdemeanor and shall be punished as provided in section 18-1.3-501. Any person who violates the trust fund provisions of this article 15 or any other misappropriation of funds commits theft pursuant to section 18-4-401.
(2) The commissioner may apply to a court of competent jurisdiction for the appointment of a receiver if the commissioner determines that such appointment is necessary to protect the interests of the contract buyers.
Source: L. 95: Entire article R&RE, p. 1045, § 1, effective May 25. L. 2002: (1) amended, p. 1468, § 28, effective October 1. L. 2021: (1) amended, (SB 21-271), ch. 462, p. 3149, § 117, effective March 1, 2022.
Editor's note: This section is similar to former § 10-15-118 as it existed prior to 1995.
Cross references: For the legislative declaration contained in the 2002 act amending subsection (1), see section 1 of chapter 318, Session Laws of Colorado 2002.
ANNOTATION
Due process requires that terms of penal statute be explicit. The terms of a penal statute creating a new offense, such as this section, must be sufficiently explicit to inform those who are subject to its provisions, and what conduct on their part will render them liable to its penalties. Mem'l Trusts, Inc. v. Beery, 144 Colo. 448, 356 P.2d 884 (1960) (decided prior to L. 61, p. 476, § 16, the earliest source of this section).
Frequently Asked Questions About Colorado § 10-15-118
What does Colorado Revised Statutes § 10-15-118 cover?
Section 10-15-118 ("Violation.") 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 § 10-15-118?
A common citation format is "Colorado Revised Statutes § 10-15-118" (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 § 10-15-118 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.