Colorado Statutes
§ 4-9-104 — Control of deposit account
Colorado § 4-9-104
This text of Colorado § 4-9-104 (Control of deposit account) 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. § 4-9-104 (2026).
Text
(a)A secured party has control of a
deposit account if:
(1)The secured party is the bank with which the deposit account is
maintained;
(2)The debtor, secured party, and bank have agreed in a signed record that
the bank will comply with instructions originated by the secured party directing
disposition of the funds in the deposit account without further consent by the
debtor;
(3)The secured party becomes the bank's customer with respect to the
deposit account; or
(4)Another person, other than the debtor:
(A)Has control of the deposit account and acknowledges that it has control
on behalf of the secured party; or
(B)Obtains control of the deposit account after having acknowledged that it
will obtain control of the deposit account on behalf of the secured party.
(b)A se
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Legislative History
Source: L. 2001: Entire article R&RE, p. 1328, � 1, effective July 1. L. 2023: (a)(2) and (a)(3) amended and (a)(4) added, (SB 23-090), ch. 136, p. 544, � 43,
effective August 7.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of article§ 4-1-104
Construction against implied repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - gender§ 4-1-107
Captions§ 4-1-201
General definitions§ 4-1-202
Notice - knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - seasonableness§ 4-1-302
Variation by agreement§ 4-1-304
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Bluebook (online)
Colorado § 4-9-104, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/04/4-9-104.