Security interests arising under article 2 or 2.5.

  1. Law
  2. Colorado Revised Statutes
  3. Uniform Commercial Code
  4. Secured Transactions
  5. Security interests arising under article 2 or 2.5.

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A security interest arising under section 4-2-401, 4-2-505, 4-2-711 (3), or 4-2.5-508 (5) is subject to this article. However, until the debtor obtains possession of the goods:

  1. The security interest is enforceable, even if section 4-9-203 (b)(3) has not been satisfied;

  2. Filing is not required to perfect the security interest;

  3. The rights of the secured party after default by the debtor are governed by article 2 or2.5 of this title; and

  4. The security interest has priority over a conflicting security interest created by thedebtor.

Source: L. 2001: Entire article R&RE, p. 1333, § 1, effective July 1.

Editor's note: This section is similar to former § 4-9-113 as it existed prior to 2001.


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