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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) As used in this article, unless the context otherwise requires:
(1) “Claimant” means a person identified as a beneficiary or owner of a designated statutory lien in a notice of lien or notice of amendment filed in the office of the secretary of state pursuant to this article.
(2) “Continue” means to renew or otherwise extend the effectiveness of a notice of lien.
(3) “Designated statutory lien” means:
(A) A harvester's lien pursuant to article 24.5 of title 38, C.R.S.;
(B) An agistor's lien pursuant to part 2 of article 20 of title 38, C.R.S.;
(C) A hospital lien pursuant to article 27 of title 38, C.R.S.;
(D) A restitution lien pursuant to section 16-18.5-104, C.R.S.;
(E) A child support lien pursuant to section 14-10-122, C.R.S.;
(F) A security interest held by a housing authority pursuant to section 29-4-712, C.R.S.; or
(G) Any other lien provided for by a statute of this state that requires or expressly permits a notice or other record creating, evidencing, or perfecting the lien to be filed in the office of the secretary of state, except as provided in section 4-9.7-102(b) and (c).
(4) “Notice of amendment” means a record filed in the office of the secretary of state pursuant to this article that changes, corrects, continues, terminates, subordinates, or otherwise modifies a notice of lien.
(5) “Notice of lien” means a record filed in the office of the secretary of state pursuant to this article that identifies one or more claimants with respect to a designated statutory lien; identifies, to the extent required by the applicable substantive statute, the property asserted to be subject to the lien; identifies the owner or owners of the property; and otherwise complies with the requirements of this article.
(6) “Owner” means a person identified in a notice of lien or notice of amendment in the office of the secretary of state pursuant to this article as an owner of property subject to a designated statutory lien.
(7) “Record”, except as used in the phrases “for record”, “of record”, “record or legal title”, and “record owner”, means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form.
(8) “Substantive statute” means the statute creating, providing for, or giving rise to a designated statutory lien.
(9) “Taxpayer identification number” means a social security number, an employer identification number, or an individual taxpayer identification number.
(10) “Terminate” means to release or otherwise extinguish the effectiveness of a notice of lien.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 4. Uniform Commercial Code § 4-9.7-103. Definitions - last updated January 01, 2025 | https://codes.findlaw.com/co/title-4-uniform-commercial-code/co-rev-st-sect-4-9-7-103/
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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