Colorado § 38-40.5-103 - Scope.
Full text of Colorado Colorado Revised Statutes § 38-40.5-103 — Scope., with citation guidance and answers to common questions.
§ 38-40.5-103. Scope.
(a) Except as provided in subsection (c) of this section, this article 40.5 applies to a mortgage modification.
(b) This article 40.5 does not affect:
(1) Law governing the required content of a mortgage;
(2) A statute of limitations or other law, including part 2 of article 39 of this title 38, governing the expiration or termination of a right to enforce an obligation or a mortgage;
(3) A recording statute;
(4) A statute governing the priority of a tax lien or other governmental lien;
(5) A statute of frauds or article 71 of title 24; or
(6) Except as provided in section 38-40.5-104 (b)(8), law governing the priority of a future advance.
(c) This article 40.5 does not apply to any of the following modifications:
(1) A release of, or addition to, property encumbered by a mortgage;
(2) A release of, addition of, or other change in an obligor; or
(3) An assignment or other transfer of a mortgage or an obligation.
Source: L. 2026: Entire article added, (HB 26-1089), ch. 76, p. 301, § 1, effective August 12.
Frequently Asked Questions About Colorado § 38-40.5-103
What does Colorado Revised Statutes § 38-40.5-103 cover?
Section 38-40.5-103 ("Scope.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 38-40.5-103?
A common citation format is "Colorado Revised Statutes § 38-40.5-103" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 38-40.5-103 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.