Colorado § 42-4-2106 Perfection of lien

Colorado Statutes

§ 42-4-2106 — Perfection of lien

Colorado·Title 42 Vehicles and·Art. Regulation of Vehicles and Traffic

The lien provided for in section 42-4-2105 is
perfected by taking physical possession of the motor vehicle and by sending to the
department, within ten working days after the time possession was taken, a notice
containing the information required in the report to be made under section 42-4-2103. The lien is not perfected until the lien attaches in accordance with the
schedule described in section 42-4-2105 (1)(b). The report must contain a
declaration by the operator that a possessory lien is claimed for all past, present,
and future charges, up to the date of redemption, and that the lien is enforceable
and may be foreclosed pursuant to the provisions of this part 21.

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The lien provided for in section 42-4-2105 is
perfected by taking physical possession of the motor vehicle and by sending to the
department, within ten working days after the time possession was taken, a notice
containing the information required in the report to be made under section 42-4-2103. The lien is not perfected until the lien attaches in accordance with the
schedule described in section 42-4-2105 (1)(b). The report must contain a
declaration by the operator that a possessory lien is claimed for all past, present,
and future charges, up to the date of redemption, and that the lien is enforceable
and may be foreclosed pursuant to the provisions of this part 21.

Colorado § 42-4-2106 (Perfection of lien) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 2002: Entire part added with relocated provisions, p. 482, � 2, effective July 1. L. 2022: Entire section amended, (HB 22-1314), ch. 416, p. 2934, � 4, effective August 10.