Colorado Code § 11-53-208

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(1) Sections 11-53-103, 11-53-106, and 11-53-107 apply
to persons who sell or offer to sell when an offer to sell is made in this state or when an offer to
buy is made and accepted in this state.
(2) Sections 11-53-103, 11-53-106, and 11-53-107 apply to persons who buy or offer to
buy when an offer to buy is made in this state or when an offer to sell is made and accepted in
this state.

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