(1) A collaborative law participation agreement must:
(a) Be in a record;
(b) Be signed by the parties;
(c) State the parties' intention to resolve a collaborative matter through a collaborative law process under this article 24 as enacted in Colorado and informed consent concerning the consequences of the disqualification process;
(d) Describe the nature and scope of the matter;
(e) Identify the collaborative lawyer who represents each party in the process; and
(f) Contain a statement by each collaborative lawyer confirming the lawyer's representation of a party in the collaborative law process.
(2) Parties may agree to include in a collaborative law participation agreement additional provisions not inconsistent with this article 24.
Source: L. 2021: Entire article added, (SB 21-143), ch. 142, p. 790, � 1, effective January 1, 2022.