Colorado § 42-6-138 - Disposition of fees.

§ 42-6-138. Disposition of fees.

(1) (a) All fees received by the authorized agent under section 42-6-137 (1)(a), (2), or (4) or 38-29-138 (1)(a), (2), or (4) upon application for a certificate of title, shall be disposed of as follows: Four dollars shall be retained by the authorized agent and disposition made as provided by law; three dollars and twenty cents shall be credited to the Colorado DRIVES vehicle services account created in section 42-1-211 (2).

(b) Repealed.

(2) The authorized agent shall dispose of all fees collected under section 42-6-137 (5) or 38-29-138 (5) as follows:

(a) For a copy of a recorded certificate of title, six dollars and fifty cents shall be retained by the authorized agent and disposition made as provided by law; and one dollar and seventy cents shall be credited to the Colorado DRIVES vehicle services account created in section 42-1-211 (2); and

(b) For assignment of a new identifying number to a motor or off-highway vehicle or manufactured home, the authorized agent shall retain two dollars and fifty cents and dispose of it as provided by law and shall credit one dollar to the Colorado DRIVES vehicle services account created in section 42-1-211 (2). The department shall credit all fees it collects under section 42-6-137 (1)(a), (4), or (5) or 38-29-138 (1)(a), (4), or (5) to the Colorado DRIVES vehicle services account.

(3) The authorized agent shall retain all fees paid under section 42-6-137 (3) for the extension of a mortgage or lien on a motor or off-highway vehicle filed in the authorized agent's office to defray the cost of the extension or release and shall dispose of the fees as provided by law; except that the authorized agent shall dispose of fees for this service that are paid in the city and county of Denver in the same manner as fees retained by the agent that were paid for filing an application for a certificate of title.

(4) (a) The department shall credit the fee paid by a motor or off-highway vehicle dealer pursuant to section 42-6-137 (6) for issuance of a certificate of title to the Colorado DRIVES vehicle services account created in section 42-1-211 (2).

(b) Of the fees received by an authorized agent in accordance with section 42-6-137 (6), the authorized agent shall:

(I) Retain twenty-one dollars and eighty cents; and

(II) Transmit three dollars and twenty cents to the state treasurer, who shall credit the amount to the Colorado DRIVES vehicle services account created in section 42-1-211 (2).

Source: L. 94: Entire title amended with relocations, p. 2466, § 1, effective January 1, 1995. L. 97: (2) amended, p. 800, § 2, effective July 1. L. 98: (1) and (2) amended, p. 929, § 2, effective July 1. L. 2000: (2) and (3) amended, p. 1670, § 29, effective July 1, 2001. L. 2001: (1) amended, p. 815, § 2, effective July 1. L. 2002: (2) amended, p. 1034, § 76, effective June 1; (1)(b)(II) amended, p. 951, § 2, effective August 7. L. 2003: (1)(a), (2), and (3) amended, p. 1979, § 5, effective May 22. L. 2005: Entire section amended, p. 822, § 27, effective August 8. L. 2013: IP(2), (2)(b), (3), and (4) amended, (SB 13-280), ch. 407, p. 2393, § 33, effective June 5. L. 2022: (1)(a), (2), and (4) amended, (HB 22-1339), ch. 135, p. 915, § 20, effective July 1; (4) amended, (HB 22-1388), ch. 475, p. 3465, § 14, effective January 1, 2023.

Editor's note: (1) This section is similar to former § 42-6-136 as it existed prior to 1994, and the former § 42-6-138 was relocated to § 42-6-140.

(2) Subsection (1)(b)(II) provided for the repeal of subsection (1)(b), effective September 1, 2006. (See L. 2002, p. 951.)

(3) Amendments to subsection (4) by HB 22-1388 and HB 22-1339 were harmonized, effective January 1, 2023.