Colorado § 6-1-706 - Buyers' clubs - deceptive trade practices.
Full text of Colorado Colorado Revised Statutes § 6-1-706 — Buyers' clubs - deceptive trade practices., with citation guidance and answers to common questions.
§ 6-1-706. Buyers' clubs - deceptive trade practices.
(1) A person engages in a deceptive trade practice when, in the course of such person's business, vocation, or occupation, such person engages in one or more of the following activities or practices in connection with the advertisement, sale, or performance of any contract of membership in a buyers' club in which the price of the membership equals or exceeds one hundred dollars:
(a) Fails to allow any purchaser of a membership in a buyers' club to rescind the membership contract at any time prior to the close of business on the next business day following the day the purchaser signs the contract;
(b) Fails to provide in the membership contract the following mandatory disclosure under the heading:
PURCHASER'S RIGHT TO CANCEL:
THE PURCHASER MAY CANCEL THIS CONTRACT FOR ANY REASON AT ANY TIME PRIOR TO THE CLOSE OF BUSINESS ON THE NEXT BUSINESS DAY FOLLOWING THE DAY THE PURCHASER SIGNS THE MEMBERSHIP CONTRACT BY DELIVERING OR MAILING TO THE BUYERS' CLUB WRITTEN NOTICE OF CANCELLATION. NOTICE OF CANCELLATION, IF SENT BY MAIL, IS DEEMED TO BE GIVEN AS OF THE DATE THE MAILED NOTICE WAS POSTMARKED.
Said heading and disclosure shall be in capital letters in no less than ten-point, bold-faced type.
(c) Fails to refund all payments made pursuant to the membership contract within fifteen days after the buyers' club receives notice of cancellation from the purchaser.
Source: L. 99: Entire part added with relocations, p. 646, § 2, effective May 18.
Editor's note: This section is similar to former § 6-1-105 (1)(bb), as it existed prior to 1999.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 6-1-706
What does Colorado Revised Statutes § 6-1-706 cover?
Section 6-1-706 ("Buyers' clubs - deceptive trade practices.") 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 § 6-1-706?
A common citation format is "Colorado Revised Statutes § 6-1-706" (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 § 6-1-706 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.