Colorado Consumer Law
October 15, 2010
In Colorado, the mini-FTC act is Colo. Rev. Stat. § 6-1-101 to 115. Under this legislation, the State Attorney General and District Attorneys have a cause of action against persons engaged in a variety of deceptive trade practices. If found guilty, a violator is subject to various civil penalties, including injunctions and fines. They may also be subject to actual damages or $500, whichever is greater, or three-times the amount of actual damage if bad faith is established. An action must be commenced within three years of the violation or when a consumer of reasonable diligence should have discovered the violation.