Colorado § 4-1-301 - Territorial applicability - parties' power to choose applicable law.
Full text of Colorado Colorado Revised Statutes § 4-1-301 — Territorial applicability - parties' power to choose applicable law., with citation guidance and answers to common questions.
§ 4-1-301. Territorial applicability - parties' power to choose applicable law.
(a) Except as otherwise provided in this section, when a transaction bears a reasonable relation to this state and also to another state or nation the parties may agree that the law either of this state or of such other state or nation shall govern their rights and duties.
(b) In the absence of an agreement effective under subsection (a) of this section, and except as provided in subsection (c) of this section, the "Uniform Commercial Code" applies to transactions bearing an appropriate relation to this state.
(c) If one of the following provisions of the "Uniform Commercial Code" specifies the applicable law, that provision governs and a contrary agreement is effective only to the extent permitted by the law so specified:
(1) Section 4-2-402;
(2) Sections 4-2.5-105 and 4-2.5-106;
(3) Section 4-4-102;
(4) Section 4-4.5-507;
(5) Section 4-5-116;
(6) (Reserved)
(7) Section 4-8-110;
(8) Sections 4-9-301 to 4-9-307;
(9) Section 4-12-107.
Source: L. 2006: Entire article R&RE, p. 466, § 1, effective September 1. L. 2023: (c)(9) added, (SB 23-090), ch. 136, p. 526, § 3, effective August 7.
Editor's note: This section is similar to former § 4-1-105 as it existed prior to 2006.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 4-1-301
What does Colorado Revised Statutes § 4-1-301 cover?
Section 4-1-301 ("Territorial applicability - parties' power to choose applicable law.") 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 § 4-1-301?
A common citation format is "Colorado Revised Statutes § 4-1-301" (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 § 4-1-301 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.