{"data":{"id":"us-co/c.r.s.-5-3-206","jurisdiction":"us-co","citation":"C.R.S. § 5-3-206","heading":"No assignment of earnings.","body":"(1) A creditor may not take an assignment of earnings of the consumer for payment or as security for payment of a debt arising out of a consumer credit transaction. An assignment of earnings in violation of this section is unenforceable by the assignee of the earnings and revocable by the consumer.\n\n(2) A sale of unpaid earnings made in consideration of the payment of money to or for the account of the seller of the earnings is deemed to be a loan to him or her secured by an assignment of earnings.","path":["Title 5 - CONSUMER CREDIT CODE","Article 3 - Regulation of Agreements and Practices","Part 2 - LIMITATIONS ON AGREEMENTS AND PRACTICES"],"source_url":"https://olls.info/crs/crs2026-title-05.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"df3cbad67c8749f5d74419d20bc5d8211b3905a9628188887e1773afef3317a9","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-5-3-205","next":"us-co/c.r.s.-5-3-207"},"notice":"GroundRules: Original legal text. Not legal advice."}