Colorado Code § 38-12-212.7

Landlord utilities account
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(1) Whenever a landlord contracts with a
utility for service to be provided to a resident, the usage of which is to be measured by a master
meter or other composite measurement device, such landlord shall remit to the utility all moneys
collected from each resident as payment for the resident's share of the charges for such utility
service within forty-five days of the landlord's receipt of payment.
(2) If a landlord fails to timely remit utility moneys collected from residents as required
by subsection (1) of this section, such utility may, after written demand therefor is served upon
the landlord, require the landlord to deposit an amount equal to the average daily charge for the
usage of such utility service for the preceding twelve months multiplied by the sum of ninety.
(3) Any utility which prevails in an action brought to enforce the provisions of this
section shall be entitled to an award of its reasonable attorney fees and court costs.

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