Colorado § 11-51-1002 - Definitions.
Full text of Colorado Colorado Revised Statutes § 11-51-1002 — Definitions., with citation guidance and answers to common questions.
§ 11-51-1002. Definitions.
As used in this part 10, unless the context otherwise requires:
(1) "Broker-dealer" has the same meaning as in section 11-51-201 (2).
(2) "Eligible adult" means:
(a) A person seventy years of age or older; or
(b) An individual eighteen years old or older who is susceptible to mistreatment or self-neglect because the individual is unable to perform or obtain services necessary for their health, safety, or welfare or lacks sufficient understanding or capacity to make or communicate responsible decisions concerning their person or affairs.
(3) "Financial exploitation" means an act or omission committed by a person who:
(a) Uses deception, harassment, intimidation, or undue influence to permanently or temporarily deprive an eligible adult of the use, benefit, or possession of any thing of value;
(b) Employs the services of a third party for the profit or advantage of the person or another person to the detriment of the eligible adult;
(c) Forces, compels, coerces, or entices an eligible adult to perform services for the profit or advantage of the person or another person against the will of the eligible adult; or
(d) Misuses the property of an eligible adult in a manner that adversely affects the eligible adult's ability to receive health care or health-care benefits or to pay bills for basic needs or obligations.
(4) "Investment adviser" has the same meaning as in section 11-51-201 (9.5).
(5) "Investment adviser representative" has the same meaning as in section 11-51-201 (9.6).
(6) "Qualified individual" means any sales representative, investment adviser representative, or person who serves in a supervisory, compliance, or senior investor protection capacity for a broker-dealer or investment adviser.
(7) "Sales representative" has the same meaning as in section 11-51-201 (14).
Source: L. 2017: Entire part added, (HB 17-1253), ch. 289, p. 1604, § 2, effective July 1. L. 2026: (2)(b) amended, (HB 26-1188), ch. 229, p. 1334, § 12, effective August 12.
Editor's note: Section 14(2) of chapter 229 (HB 26-1188), Session Laws of Colorado 2026, provides that the act changing this section applies to cease-and-desist orders and summary suspension orders issued on or after August 12, 2026.
Frequently Asked Questions About Colorado § 11-51-1002
What does Colorado Revised Statutes § 11-51-1002 cover?
Section 11-51-1002 ("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 § 11-51-1002?
A common citation format is "Colorado Revised Statutes § 11-51-1002" (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 § 11-51-1002 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.