Security interest unperfected before effective date.

  1. Law
  2. Colorado Revised Statutes
  3. Uniform Commercial Code
  4. Secured Transactions
  5. Security interest unperfected before effective date.

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(a) A security interest that is an unperfected security interest immediately before July 1, 2013, becomes a perfected security interest:

  1. Without further action, on July 1, 2013, if the applicable requirements for perfectionunder this article, as amended by House Bill 12-1262, enacted in 2012, are satisfied on or before July 1, 2013; or

  2. When the applicable requirements for perfection are satisfied if the requirements aresatisfied after July 1, 2013.

Source: L. 2012: Entire part added, (HB 12-1262), ch. 170, p. 605, § 16, effective July 1, 2013.


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