C.R.S. § 29-2-212: Qualified purchasers.

(1) A qualified purchaser may provide a direct payment permit number issued pursuant to section 39-26-103.5 to any vendor or retailer that is liable and responsible for collecting and remitting any statutory local government, special district, or requesting home rule jurisdiction sales or use tax imposed on any sale made to the qualified purchaser pursuant to the provisions of this article 2. A vendor or retailer that has received in good faith from a qualified purchaser a direct payment permit number shall not be liable or responsible for collection and remittance of any sales or use tax imposed on such sale that is paid for directly from such qualified purchaser's funds and not the personal funds of any individual.

(2) A qualified purchaser that provides a direct payment permit number to a vendor or retailer shall be liable and responsible for the amount of sales or use tax imposed on any sale made to the qualified purchaser pursuant to this article 2 in the same manner as liability would be imposed on a qualified purchaser for state sales or use tax pursuant to section 39-26-105 (5).