(Deleted by amendment, L. 2006, p. 1148, § 4.)
to (4) (Deleted by amendment, L. 96, p. 1385, § 7, effective July 1, 1996.)
(5) A buyer of farm products, whether or not registered, may rely conclusively on information obtained from the master list published and distributed electronically, regardless of any errors or omissions committed by the central filing officer in the electronic publication or distribution of the master list. If the information obtained electronically confirms that the name of the seller of a specified farm product is not on the master list, the sale of the farm product to the buyer shall be free of any security interest granted by that seller with respect to the farm product and the buyer may rely on the representation of the seller as to the seller's identity, so long as the reliance is in good faith.
Source: L. 88: Entire article added, p. 330, § 1, effective May 29. L. 94: (1) and (4) amended, p. 1553, § 5, effective July 1. L. 96: (1), (2), (3), and (4) amended, p. 1385, § 7, effective July 1. L. 99: (1) and (5) amended, p. 749, § 16, effective January 1, 2000. L. 2003: (5) amended, p. 1672, § 4, effective July 1. L. 2006: (1) and (5) amended, p. 1148, § 4, effective May 29, 2012.
Editor's note: Section 12 of chapter 249, Session Laws of Colorado 2006, provides that the act amending subsections (1) and (5) is effective ninety days following certification in writing by the secretary of state to the revisor of statutes that approval of changes to the central filing system enacted by the act has been obtained from the United States department of agriculture, and the secretary of state has implemented the necessary computer system to publish and distribute the master list electronically and is able to do so. The revisor of statutes received certification from the secretary of state on February 29, 2012.