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Section 4-13-304 - Effectiveness of actions taken before effective date — Colorado Law | CourtGPT
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  7. Section 4-13-304 - Effectiveness of actions taken before effective date
Colorado Legal Code

Section 4-13-304 - Effectiveness of actions taken before effective date

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(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.Added by 2023 Ch. 136,§ 89, eff. 8/7/2023.2023 Ch. 136, was passed without a safety clause.

date of this article 13 if the action would satisfy the requirements for enforceability under this title 4.Added by 2023 Ch. 136,§ 89, eff. 8/7/2023.2023 Ch. 136, was passed without a safety clause. See Colo. Const. art. V, § 1(3).