Colorado legal term
Loan finder in Colorado Criminal Law
Current through 2026 Colorado legislative session
In Colorado criminal law, “Loan finder” is a term defined by statute rather than by its everyday meaning. Its statutory definition — quoted verbatim below — controls how the term is applied throughout the Colorado criminal code.
What does “Loan finder” mean in Colorado criminal law?
"Loan finder" means any person who, directly or indirectly, serves or offers to serve as a lender or as an agent to obtain a loan or who holds himself or herself out as capable of obtaining a loan for any person; except that the following persons shall be exempt from the provisions of this section: (I) A supervised financial organization, as defined in section 5-1-301 (45), C.R.S., and its employees, when acting within the scope of their employment; (II) A person duly licensed to make supervised loans pursuant to part 3 of article 2 of title 5, C.R.S.; (III) A business development corporation, (C.R.S. § 18-15-109)
Statutes defining or using this term
Related terms in the same statutes
This reference is informational and is not legal advice.