Colorado § 5-4-110 - Charge for insurance in connection with a deferral, refinancing, or consolidation - duplicate charges.
Full text of Colorado Colorado Revised Statutes § 5-4-110 — Charge for insurance in connection with a deferral, refinancing, or consolidation - duplicate charges., with citation guidance and answers to common questions.
§ 5-4-110. Charge for insurance in connection with a deferral, refinancing, or consolidation - duplicate charges.
(1) A creditor may not contract for or receive a separate charge for insurance in connection with a deferral described in section 5-2-204, a refinancing described in section 5-2-205, or a consolidation described in section 5-2-206 unless:
(a) The consumer agrees at or before the time of the deferral, refinancing, or consolidation that the charge may be made;
(b) The consumer is or is to be provided with insurance for an amount or a term, or insurance of a kind, in addition to that to which the consumer would have been entitled had there been no deferral, refinancing, or consolidation;
(c) The consumer receives a refund or credit on account of any unexpired term of existing insurance in the amount that would be required if the insurance were terminated under section 5-4-108; and
(d) The charge does not exceed the amount permitted under section 5-4-107.
(2) A creditor may not contract for or receive a separate charge for insurance that duplicates insurance with respect to which the creditor has previously contracted for or received a separate charge.
Source: L. 2000: Entire article R&RE, p. 1229, § 1, effective July 1.
Editor's note: This section is similar to former § 5-4-110, as it existed prior to 2000.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 5-4-110
What does Colorado Revised Statutes § 5-4-110 cover?
Section 5-4-110 ("Charge for insurance in connection with a deferral, refinancing, or consolidation - duplicate charges.") 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 § 5-4-110?
A common citation format is "Colorado Revised Statutes § 5-4-110" (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 § 5-4-110 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.