C.R.S. § 5-10-503: Balloon payments.
Where this section sits in the code
- Title 5 - CONSUMER CREDIT CODE
- Article 10 - Rental Purchase Agreements
- Part 5 - LIMITATION ON AGREEMENTS AND PRACTICES
A lessee shall not be required to make a payment in addition to regular lease payments in order to acquire ownership of the lease property, nor shall the lessee be required to pay lease payments totaling more than the cost to acquire ownership, as provided in section 5-10-401 (1)(b).
Collected 2026-09-14T18:37:45Z. Source file · JSON