C.R.S. § 4-13-101 Short title
4-13-101. Short title. This article 13 may be cited as "Transitional Provisions for Uniform Commercial Code Amendments (2022)".
Transitional Provisions for Uniform Commercial Code Amendments (2022)
C.R.S. tit. 4, art. 13
in effectC.R.S. § 4-13-102 Definitions
4-13-102. Definitions. (a) In this article 13:
(1) "Adjustment date" means July 1, 2025, or the date that is one year after the effective date of this article 13, whichever is later.
(2) "Article 12" means article 12 of this title 4.
(3) "Article 12 property" means a controllable account, controllable electronic record, or controllable payment intangible.
(b) The following definitions in other articles of this title 4 apply to this article 13.
"Controllable account"Section 4-9-102.
"Controllable electronic record"Section 4-12-102.
"Controllable payment intangible"Section 4-9-102.
"Financing statement"Section 4-9-102.
(c) Article 1 of this title 4 contains general definitions and principles of construction and interpretation applicable throughout this article 13.
C.R.S. § 4-13-201 Saving clause
4-13-201. Saving clause. Except as provided in part 3 of this article 13, a transaction validly entered into before the effective date of this article 13 and the rights, duties, and interests flowing from the transaction remain valid thereafter and may be terminated, completed, consummated, or enforced as required or permitted by law other than this title 4 or, if applicable, this title 4, as though this article 13 had not taken effect.
C.R.S. § 4-13-301 Saving clause
4-13-301. Saving clause. (a) Except as provided in this part 3, article 9, as amended by Senate Bill 23-090, enacted in 2023, and article 12 of this title 4, as enacted by Senate Bill 23-090, enacted in 2023, apply to a transaction, lien, or other interest in property, even if the transaction, lien, or interest was entered into, created, or acquired before the effective date of this article 13.
(b) Except as provided in subsection (c) of this section and sections 4-13-302 to 4-13-306:
(1) A transaction, lien, or interest in property that was validly entered into, created, or transferred before the effective date of this article 13 and that was not governed by this title 4, but would be subject to article 9 of this title 4, as amended by Senate Bill 23-090, enacted in 2023, or article 12 of this title 4, as enacted by Senate Bill 23-090, enacted in 2023, if it had been entered into, created, or transferred on or after the effective date of this article 13, including the rights, duties, and interests flowing from the transaction, lien, or interest, remains valid on and after the effective date of this article 13; and
(2) The transaction, lien, or interest may be terminated, completed, consummated, and enforced as required or permitted by this title 4, as amended by Senate Bill 23-090, enacted in 2023, or by the law that would apply if this title 4, as amended by Senate Bill 23-090, enacted in 2023, had not taken effect.
(c) This article 13 does not affect an action, case, or proceeding commenced before the effective date of this article 13.
C.R.S. § 4-13-302 Security interest perfected before effective date
4-13-302. Security interest perfected before effective date. (a) A security interest that is enforceable and perfected immediately before the effective date of this article 13 is a perfected security interest under this title 4 if, on the effective date of this article 13, the requirements for enforceability and perfection under this title 4 are satisfied without further action.
(b) If a security interest is enforceable and perfected immediately before the effective date of this article 13, but the requirements for enforceability or perfection under this title 4 are not satisfied on the effective date of this article 13, the security interest:
(1) Is a perfected security interest until the earlier of the time perfection would have ceased under the law in effect immediately before the effective date of this article 13 or the adjustment date;
(2) Remains enforceable thereafter only if the security interest satisfies the requirements for enforceability under section 4-9-203, as amended by Senate Bill 23-090, enacted in 2023, before the adjustment date; and
(3) Remains perfected thereafter only if the requirements for perfection under this title 4 are satisfied before the time specified in subsection (b)(1) of this section.
C.R.S. § 4-13-303 Security interest unperfected before effective date
4-13-303. Security interest unperfected before effective date. A security interest that is enforceable immediately before the effective date of this article 13 but is unperfected at that time:
(1) Remains an enforceable security interest until the adjustment date;
(2) Remains enforceable thereafter if the security interest becomes enforceable under section 4-9-203, as amended by Senate Bill 23-090, enacted in 2023, on the effective date of this article 13 or before the adjustment date; and
(3) Becomes perfected:
(A) Without further action, on the effective date of this article 13, if the requirements for perfection under this title 4 are satisfied before or at that time; or
(B) When the requirements for perfection are satisfied if the requirements are satisfied after that time.
C.R.S. § 4-13-304 Effectiveness of actions taken before effective date
4-13-304. Effectiveness of actions taken before effective date. (a) If action, other than the filing of a financing statement, is taken before the effective date of this article 13 and the action would have resulted in perfection of the security interest had the security interest become enforceable before the effective date of this article 13, the action is effective to perfect a security interest that attaches under this title 4 before the adjustment date. An attached security interest becomes unperfected on the adjustment date unless the security interest becomes a perfected security interest under this title 4 before the adjustment date.
(b) The filing of a financing statement before the effective date of this article 13 is effective to perfect a security interest on the effective date of this article 13 to the extent the filing would satisfy the requirements for perfection under this title 4.
(c) The taking of an action before the effective date of this article 13 is sufficient for the enforceability of a security interest on the effective date of this article 13 if the action would satisfy the requirements for enforceability under this title 4.
C.R.S. § 4-13-305 Priority
4-13-305. Priority. (a) Subject to subsections (b) and (c) of this section, this title 4 determines the priority of conflicting claims to collateral.
(b) Subject to subsection (c) of this section, if the priorities of claims to collateral were established before the effective date of this article 13, article 9 of this title 4 as in effect before the effective date of this article 13 determines priority.
(c) On the adjustment date, to the extent the priorities determined by article 9 of this title 4, as amended by Senate Bill 23-090, enacted in 2023, modify the priorities established before the effective date of this article 13, the priorities of claims to article 12 property established before the effective date of this article 13 cease to apply.
C.R.S. § 4-13-306 Priority of claims when priority rules of article 9 do not apply
4-13-306. Priority of claims when priority rules of article 9 do not apply. (a) Subject to subsections (b) and (c) of this section, article 12 of this title 4, as enacted by Senate Bill 23-090, enacted in 2023, determines the priority of conflicting claims to article 12 property when the priority rules of article 9 of this title 4, as amended by Senate Bill 23-090, enacted in 2023, do not apply.
(b) Subject to subsection (c) of this section, when the priority rules of article 9 of this title 4, as amended by Senate Bill 23-090, enacted in 2023, do not apply and the priorities of claims to article 12 property were established before the effective date of this act, law other than this article 12 determines priority.
(c) When the priority rules of article 9 of this title 4, as amended by Senate Bill 23-090, enacted in 2023, do not apply, to the extent the priorities determined by this title 4 modify the priorities established before the effective date of this article 13, the priorities of claims to article 12 property established before the effective date of this article 13 cease to apply on the adjustment date.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://leg.colorado.gov/sites/default/files/images/olls/crs2024-title-04.docxFetched: 10/6/2026