Violation

C.R.S. § 10-15-118
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
10-15-118. Violation. (1) Any person who violates any provision of this article 15 commits a class 2 misdemeanor and shall be punished as provided in section 18-1.3-501. Any person who violates the trust fund provisions of this article 15 or any other misappropriation of funds commits theft pursuant to section 18-4-401. (2) The commissioner may apply to a court of competent jurisdiction for the appointment of a receiver if the commissioner determines that such appointment is necessary to protect the interests of the contract buyers.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://leg.colorado.gov/sites/default/files/images/olls/crs2024-title-10.docx#10-15-118Fetched: 10/6/2026

Starting a business in Colorado? Colorado LLC guide: costs and requirements