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Current as of January 01, 2025 | Updated by Findlaw Staff
(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.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 4. Uniform Commercial Code § 4-13-304. Effectiveness of actions taken before effective date - last updated January 01, 2025 | https://codes.findlaw.com/co/title-4-uniform-commercial-code/co-rev-st-sect-4-13-304/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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