38-12-101. Legislative declaration.

Statute text

This part 1 shall be liberally construed to implement the intent of the general assembly to ensure the proper administration of security deposits and late fees and protect the interests of tenants, mobile home owners, and landlords.

History

Source: L. 71: p. 592, 1. C.R.S. 1963: 58-1-26. L. 2021: Entire section amended, (SB 21-173), ch. 349, p. 2265, 6, effective October 1.

Annotations

 

ANNOTATION

Annotations

Law reviews. For comment, "Colorado's Wrongful Withholding of Security Deposits Act: Three Litigious Shares in an Untested Law", see 49 Den. L.J. 453 (1973). For article, "The Colorado Security Deposit Act", see 50 U. Colo. L. Rev. 29 (1978).

Purpose. The security deposit act was passed to control the practices of landlords who withhold, without justification, their tenants' damage deposits. Houle v. Adams State Coll., 190 Colo. 406, 547 P.2d 926 (1976).