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CO SB019
Bill
AI Summary
Senate Bill 23-019 Summary
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Extends Colorado regulatory authority to out-of-state online vehicle retailers who conduct business with Colorado residents, even if they do not maintain a physical location in Colorado or employ Colorado residents.
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Grants Colorado's regulatory board jurisdiction over any activity requiring a license under Colorado law when that activity involves a Colorado resident.
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Requires out-of-state retailers engaged in licensable activities with Colorado residents to comply with Colorado rules and regulations, though they may be exempt from obtaining a license if they lack physical presence or Colorado employees.
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Amends cease-and-desist order procedures for both Parts 1 and 4 of Colorado's vehicle sales regulations to require notice and a hearing in accordance with specified procedural sections.
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Declares the act necessary for immediate preservation of public peace, health, and safety.
Legislative Description
Out-of-state Online Retail Vehicle Purchases
Last Action
Governor Signed
3/3/2023