Section 5-3.1-121 - Unfair or deceptive practices(1) No person shall engage in unfair or deceptive acts, practices, or advertising in connection with a deferred deposit loan.(2) No person may engage in any device, subterfuge, or pretense to evade the requirements of this article, including making loans disguised as a personal property sale, and leaseback transaction; disguising loan proceeds as a cash rebate for the pretextual installment sale of goods or services; or making, offering, guaranteeing, assisting, or arranging a consumer to obtain a loan with a greater rate of interest, consideration, or charge than is permitted by this article through any method including mail, telephone, internet, or any electronic means regardless of whether the person has a physical location in the state.Amended by 2018 Proposition 111, approved by the voters in the November 6, 2018 election, eff. 2/1/2019.L. 2000: Entire article added, p. 443, § 1, effective July 1. L. 2010: Entire section amended, (HB 10-1351), ch. 1224, p. 1224, § 7, effective August 11. Initiated 2018: (2) amended, Proposition 111, L. 2019, p. 4540, § 4, effective February 1, 2019, proclamation of the Governor issued December 19, 2018. For the legislative declaration in the 2010 act amending this section, see section 1 of chapter 267, Session Laws of Colorado 2010.