Colo. Rev. Stat. § 24-19.5-103

Current through 11/5/2024 election
Section 24-19.5-103 - Limitations on convenience fees for the use of alternative forms of payment
(1) and (2) (Deleted by amendment, L. 2003, p. 1441, § 1, effective April 29, 2003.)
(3) A state governmental entity may impose a convenience fee on persons who use alternative forms of payment, but the amount of any convenience fee imposed on or after April 29, 2003, shall not exceed the actual additional cost incurred by the state governmental agency to process the transaction by alternative form of payment. Any convenience fee on a transaction involving an alternative form of payment shall be imposed in accordance with the master agreement negotiated by the state treasurer and the rules of the alternative payment provider.

C.R.S. § 24-19.5-103

L. 99: Entire article added, p. 427, § 1, effective August 4. L. 2003: Entire section amended, p. 1441, § 1, effective April 29.