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Code of Colorado Regulations eDocket
Official Publication of the State Administrative Rules (24-4-103(11) C.R.S.)

Details of Tracking Number  2021-00108

CCR details

Tracking Number 2021-00108
Type of Filing Permanent Rule
Department 900 Department of Law
Agency 903 Administrator of the Uniform Consumer Credit Code
CCR Number 4 CCR 903-1

Proposed rule

Notice Filed with SOS 02/12/2021
Rule ProposedRuleAttach2021-00108.docx
Additional Information AddInfoAttach2021-00108.docx
Statutory Authority 5-16-114, C.R.S.
Description of Subjects/Issues The Administrator's existing rules under the CFDCPA have not been substantively amended since 2010. The Administrator is updating the header and title of the rules under the CFDPCA because the provision establishing the Collection Agency Board, 5-16-116, C.R.S. was repealed in 2017. In addition, the Administrator proposes amending rules under the CFDCPA regarding: timing requirements, application completion deadlines, emailing letters of admonition, licensees purchasing the right to collect accounts from another licensee, collection costs, account statement fees, call recording retention, and written authorization.
Purpose/Objective of Rule Remove references to the Collection Agency Board, which no longer exists; updates to timing requirements, changes to licensee requirements.
Basis And Purpose BasisAndPurposeAttachment2021-00108.pdf
Submitted in response to issues raised by COLS/OLLS? No
Is this rule adopted in response to recent legislation? No
Hearing Date 03/23/2021
Hearing Time 10:00 AM
Hearing Location Webinar Only: https://us02web.zoom.us/j/84161426321?pwd=Z3NtNGZIOFZOd3RSYllCVU9EemRaZz09
Contact Name Martha Fulford
Contact Title Administrator of the Uniform Consumer Credit Code
Contact Telephone 720-508-6020
Contact email car@coag.gov

Adopted rule

Adopted Rules AdoptedRules22021-00108.docx
Redline Redline2021-00108.docx
Adopting agency Administrator of the Uniform Consumer Credit Code
Adopted Date 05/07/2021
AGO requested date 05/07/2021
Attorney General Opinion 05/25/2021
Colorado Register publication date 06/10/2021
Effective Date 06/30/2021
Inserted into CCR 06/25/2021