Other loans - legislative declaration

5-13-106. Other loans - legislative declaration. In accordance with section 525 of the federal Depository Institutions Deregulation and Monetary Control Act of 1980, Pub.L. 96-221, the general assembly declares that the state of Colorado does not want the amendments to the Federal Deposit Insurance Act, 12 U.S.C. sec. 1811 et seq.; the federal National Housing Act, 12 U.S.C. sec. 1701 et seq.; and the Federal Credit Union Act, 12 U.S.C. sec. 1757, made by sections 521 to 523 of the federal Depository Institutions Deregulation and Monetary Control Act of 1980, Pub.L. 96-221, prescribing interest rates and preempting state interest rates to apply to consumer credit transactions in this state. The rates established in articles 1 to 9 of this title 5 control consumer credit transactions in this state. Source: L. 2023: Entire section added, (HB 23-1229), ch. 375, p. 2245, � 3, effective July 1, 2024. DEBT MANAGEMENT ARTICLE 16 Colorado Fair Debt Collection Practices Act Editor's note: This article was added with relocations in 2017. Former C.R.S. section numbers are shown in editor's notes following those sections that were relocated. For a detailed comparison of this article, see the comparative tables located in the back of the index. Law reviews: For article, Fair Debt Collection: What Every Lawyer Should Know, see 17 Colo. Law. 453 (1988); for article, The Impact of the Fair Debt Collection Practices Act on Foreclosures, see 17 Colo. Law. 2361 (1988); for article, Default Judgments Against Consumers: Has the System Failed?, see 67 Den. U. L. Rev. 357 (1990).