GroundRules
← Search the law
Colorado · Through Colorado Revised Statutes 2026

C.R.S. § 5-3.1-109: Form of loan proceeds.

Read at publisher ↗
Where this section sits in the code
  1. Title 5 - CONSUMER CREDIT CODE
  2. Article 3.1 - Deferred Deposit Loan Act

A lender may pay the proceeds from a deferred deposit loan to the consumer in the form of a business instrument, money order, cash, stored value card, internet transfer, or authorized automated clearinghouse transaction. The consumer shall not be charged an additional finance charge or fee for cashing the lender's business instrument or for negotiating forms of loan proceeds other than cash.

Collected 2026-09-14T18:37:45Z. Source file · JSON

Browse this collection