Colorado. The state is considering legislation that would create an exemption for “supervised financial organizations” from state licensing requirements. Currently, only state-licensed individuals and financial organizations may originate loans and collect payments, or take enforcement action against delinquent borrowers and borrowers in default. If passed, certain licensed collection agencies and attorneys would be exempt from licensing requirements. The bill, H.B. 1356, passed the state House on March 7 and is currently under review by a