Colorado § 4-2.5-109 Option to accelerate at will

Colorado Statutes

§ 4-2.5-109 — Option to accelerate at will

Colorado § 4-2.5-109

Title 04Uniform

Art.Leases

This text of Colorado § 4-2.5-109 (Option to accelerate at will) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 4-2.5-109 (2026).

Text

(1)A term providing that one party or his or her successor in interest may accelerate payment or performance or require collateral or additional collateral at will or when he or she deems himself or herself insecure or in words of similar import must be construed to mean that he or she has power to do so only if he or she in good faith believes that the prospect of payment or performance is impaired.

(2)With respect to a consumer lease, the burden of establishing good faith under subsection (1) of this section is on the party who exercised the power; otherwise the burden of establishing lack of good faith is on the party against whom the power has been exercised.

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(1) A term providing that one party
or his or her successor in interest may accelerate payment or performance or
require collateral or additional collateral at will or when he or she deems himself
or herself insecure or in words of similar import must be construed to mean that he
or she has power to do so only if he or she in good faith believes that the prospect
of payment or performance is impaired.

(2) With respect to a consumer lease, the burden of establishing good faith
under subsection (1) of this section is on the party who exercised the power;
otherwise the burden of establishing lack of good faith is on the party against
whom the power has been exercised.