Colorado § 5-10-1001 - Advertising.
Full text of Colorado Colorado Revised Statutes § 5-10-1001 — Advertising., with citation guidance and answers to common questions.
§ 5-10-1001. Advertising.
(1) An advertisement for a rental purchase agreement shall not state or imply that a specific item is available at specific amounts or terms unless the lessor usually and customarily offers or will offer that item at those amounts or terms.
(2) If any advertisement for a rental purchase agreement refers to or states the amount of any payment or the right to acquire ownership for a specific item, the advertisement must also clearly and conspicuously state the following terms as applicable:
(a) That the transaction is a rental purchase agreement or rent-to-own agreement;
(b) The total number of payments and amount of such payments necessary to acquire ownership; and
(c) That the lessee will not own the property until the total of such payments is paid in full or is paid by prepayment.
(3) Advertising which complies with the "Federal Consumer Credit Protection Act" does not violate this section.
(4) With the exception of the lessor, this section imposes no liability on the owner or personnel of any medium in which an advertisement appears or through which it is disseminated.
Source: L. 90: Entire article added, p. 378, § 1, effective January 1, 1991.
INTEREST RATES
ARTICLE 12
Interest - General Provisions
5-12-101. Legal rate of interest.
5-12-102. Statutory interest - definition - rules.
5-12-103. Greater rate may be stipulated.
5-12-104. Warrants to bear six percent.
5-12-105. Interest upon foreclosure.
5-12-106. Rate of interest on judgments which are appealed.
5-12-107. Commercial credit plans - definitions.
Frequently Asked Questions About Colorado § 5-10-1001
What does Colorado Revised Statutes § 5-10-1001 cover?
Section 5-10-1001 ("Advertising.") 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 § 5-10-1001?
A common citation format is "Colorado Revised Statutes § 5-10-1001" (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 § 5-10-1001 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.