Colorado § 4-1-301 Territorial applicability - parties' power to choose applicable law

Colorado Statutes

§ 4-1-301 — Territorial applicability - parties' power to choose applicable law

Colorado § 4-1-301

Title 04Uniform

Art.General Provisions

This text of Colorado § 4-1-301 (Territorial applicability - parties' power to choose applicable law) 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. § 4-1-301 (2026).

Text

(a)Except as otherwise provided in this section, when a transaction bears a reasonable relation to this state and also to another state or nation the parties may agree that the law either of this state or of such other state or nation shall govern their rights and duties.

(b)In the absence of an agreement effective under subsection (a) of this section, and except as provided in subsection (c) of this section, the Uniform Commercial Code applies to transactions bearing an appropriate relation to this state.

(c)If one of the following provisions of the Uniform Commercial Code specifies the applicable law, that provision governs and a contrary agreement is effective only to the extent permitted by the law so specified:

(1)Section 4-2-402;

(2)Sections 4-2.5-105 and 4-2.5-106;

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(a) Except as otherwise provided in this section, when a transaction bears a
reasonable relation to this state and also to another state or nation the parties may
agree that the law either of this state or of such other state or nation shall govern
their rights and duties.

(b) In the absence of an agreement effective under subsection (a) of this
section, and except as provided in subsection (c) of this section, the Uniform
Commercial Code applies to transactions bearing an appropriate relation to this
state.

(c) If one of the following provisions of the Uniform Commercial Code
specifies the applicable law, that provision governs and a contrary agreement is
effective only to the extent permitted by the law so specified:

(1) Section 4-2-402;

(2) Sections 4-2.5-105 and 4-2.5-106;

(3) Section 4-4-102;

(4) Section 4-4.5-507;

(5) Section 4-5-116;

(6) (Reserved)

(7) Section 4-8-110;

(8) Sections 4-9-301 to 4-9-307;

(9) Section 4-12-107.

Legislative History

Source: L. 2006: Entire article R&RE, p. 466, � 1, effective September 1. L. 2023: (c)(9) added, (SB 23-090), ch. 136, p. 526, � 3, effective August 7.