Please review the below Frequently Asked Questions regarding the filing of notification as a Rent-to-Own company.
If you still have questions after reviewing the FAQs as well as the Colorado Uniform Consumer Credit Code, please email us at uccc@coag.gov. As our office is prohibited from providing advice or interpretation of laws and rules, you may also wish to seek legal counsel to ensure compliance.
What is a Registered Agent?
A registered agent is the individual or business responsible for accepting service of process for an entity. Please visit the Colorado Secretary of State’s Business FAQs for further information.
Why does the notification form ask for Registered Agent information?
Per UCCC Section 5-6-202(1)(f), the address of the retail seller’s registered agent in Colorado is required as part of the annual notification filing. Please visit the Colorado Secretary of State’s website to review the documents filed for your company as well as ensure your company is properly registered with the Colorado Secretary of State.
What happens if I don’t complete all applicable forms and pay all fees due?
If you are required to file notification and pay the associated fees and fail to do so, you must immediately cease all rent-to-own operations.
Until all notification forms and fees have been properly submitted, you will not be considered an active Rent-to-Own notification filer and appear on the Active Rent-to-Own Notification Filers list (updated every 2 weeks and posted on our website).</p.
You will be referred to the Administrator of the Colorado Uniform Consumer Credit Code for further action.