Colorado § 4-13-303 Security interest unperfected before effective date

Colorado Statutes

§ 4-13-303 — Security interest unperfected before effective date

Colorado·Title 04 Uniform·Art. Transitional Provisions for Uniform Commercial Code Amendments (2022)

A security interest that is enforceable immediately before the effective date of this article 13 but is unperfected at that time:

(1)Remains an enforceable security interest until the adjustment date;

(2)Remains enforceable thereafter if the security interest becomes enforceable under section 4-9-203, as amended by Senate Bill 23-090, enacted in 2023, on the effective date of this article 13 or before the adjustment date; and

(3)Becomes perfected:

(A)Without further action, on the effective date of this article 13, if the requirements for perfection under this title 4 are satisfied before or at that time; or

(B)When the requirements for perfection are satisfied if the requirements are satisfied after that time.

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A security
interest that is enforceable immediately before the effective date of this article 13
but is unperfected at that time:

(1) Remains an enforceable security interest until the adjustment date;

(2) Remains enforceable thereafter if the security interest becomes
enforceable under section 4-9-203, as amended by Senate Bill 23-090, enacted in
2023, on the effective date of this article 13 or before the adjustment date; and

(3) Becomes perfected:

(A) Without further action, on the effective date of this article 13, if the
requirements for perfection under this title 4 are satisfied before or at that time; or

(B) When the requirements for perfection are satisfied if the requirements
are satisfied after that time.

Colorado § 4-13-303 (Security interest unperfected before effective date) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.