Colorado § 42-6-133 Foreign mortgages and liens

Colorado Statutes

§ 42-6-133 — Foreign mortgages and liens

Colorado·Title 42 Vehicles and·Art. Certificates of Title -

A mortgage or lien on a motor or
off-highway vehicle filed for record in a state other than Colorado is not valid and
enforceable against the rights of subsequent purchasers for value, creditors,
lienholders, or mortgagees having no actual notice of the existence of the
mortgage or lien. If the certificate of title for the vehicle bears any notation
adequate to apprise a purchaser, creditor, lienholder, or mortgagee of the existence
of a mortgage or lien at the time a third party acquires a right in the motor vehicle,
the mortgage or lien and the rights of the holder of the mortgage or lien are
enforceable in this state as though the mortgage were filed in Colorado and noted
on the certificate of title or noted in the record of the authorized agent for the
vehicle under section 4

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A mortgage or lien on a motor or
off-highway vehicle filed for record in a state other than Colorado is not valid and
enforceable against the rights of subsequent purchasers for value, creditors,
lienholders, or mortgagees having no actual notice of the existence of the
mortgage or lien. If the certificate of title for the vehicle bears any notation
adequate to apprise a purchaser, creditor, lienholder, or mortgagee of the existence
of a mortgage or lien at the time a third party acquires a right in the motor vehicle,
the mortgage or lien and the rights of the holder of the mortgage or lien are
enforceable in this state as though the mortgage were filed in Colorado and noted
on the certificate of title or noted in the record of the authorized agent for the
vehicle under section 42-6-121.

Colorado § 42-6-133 (Foreign mortgages and liens) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 94: Entire title amended with relocations, p. 2464, � 1, effective January 1, 1995. L. 2000: Entire section amended, p. 1668, � 24, effective July 1, 2001. L. 2005: Entire section amended, p. 818, � 22, effective August 8. L. 2013: Entire section amended, (SB 13-280), ch. 407, p. 2392, � 28, effective June 5.