What is the minimum age requirement for obtaining a dealer's license in Colorado?

In Colorado, the minimum age requirement for obtaining a dealer's license is 18 years old. This stipulation ensures that individuals seeking to operate a dealership have reached an age where they are typically considered legally responsible and able to enter into contracts. Turning 18 confers legal adult status in the state, which is essential for handling financial transactions, operational responsibilities, and compliance with various legal obligations that come with being a licensed dealer. This requirement aligns with general legal standards, which prioritize maturity and accountability in business operations. Other options reflect ages that do not meet the state's legal requirements for licensure.