Colorado Statutes
§ 4-9-405 — Modification of assigned contract
Colorado § 4-9-405
This text of Colorado § 4-9-405 (Modification of assigned contract) 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. § 4-9-405 (2026).
Text
(a)A modification of or
substitution for an assigned contract is effective against an assignee if made in
good faith. The assignee acquires corresponding rights under the modified or
substituted contract. The assignment may provide that the modification or
substitution is a breach of contract by the assignor. This subsection (a) is subject to
subsections (b) to (d) of this section.
(b)Subsection (a) of this section applies to the extent that:
(1)The right to payment or a part thereof under an assigned contract has not
been fully earned by performance; or
(2)The right to payment or a part thereof has been fully earned by
performance and the account debtor has not received notification of the
assignment under section 4-9-406 (a).
(c)This section is subject to law other than
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Legislative History
Source: L. 2001: Entire article R&RE, p. 1373, � 1, effective July 1.
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
Obligation of good faithCite This Page — Counsel Stack
Bluebook (online)
Colorado § 4-9-405, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/04/4-9-405.