Colo. Rev. Stat. § 5-18-105

Current through Chapter 519 of the 2024 Legislative Session and Chapter 2 of the 2024 First Extraordinary Session

Section 5-18-105 - Consumer reports - accuracy of information

Whenever a consumer reporting agency prepares a consumer report, including reports that include criminal justice records, the agency shall follow reasonable procedures to assure maximum possible accuracy of the information concerning the consumer about whom the report relates, including the use of the consumer's social security number if, in accordance with section 5-18-104(1)(c)(I), the consumer's social security number is provided to the consumer reporting agency by a person intending to use the information contained in a consumer report in connection with a credit transaction involving the consumer and the social security number was initially provided to the user by the consumer in connection with that transaction. A consumer reporting agency shall exclude sealed and expunged records from a consumer report, unless the user of the report demonstrates that the user is otherwise required to consider the information pursuant to state or federal statute, rule, or regulation.

C.R.S. § 5-18-105

Amended by 2022 Ch. 276,§1, eff. 8/10/2022.

Renumbered from C.R.S. § 12-14.3-103.5 and amended by 2017 Ch. 260,§3, eff. 8/9/2017.

L. 2017: Entire article added with relocations, (HB 17-1238), ch. 260, p. 1117, § 3, effective August 9.

This section is similar to former § 12-14.3-103.5 as it existed prior to 2017.

2022 Ch. 276, was passed without a safety clause. See Colo. Const. art. V, § 1(3).