Colorado § 4-8-203 - Staleness as notice of defect or defense.
Full text of Colorado Colorado Revised Statutes § 4-8-203 — Staleness as notice of defect or defense., with citation guidance and answers to common questions.
§ 4-8-203. Staleness as notice of defect or defense.
After an act or event, other than a call that has been revoked, creating a right to immediate performance of the principal obligation represented by a certificated security or setting a date on or after which the security is to be presented or surrendered for redemption or exchange, a purchaser is charged with notice of any defect in its issue or defense of the issuer, if the act or event:
(1) Requires the payment of money, the delivery of a certificated security, the registration of transfer of an uncertificated security, or any of them on presentation or surrender of the security certificate, the money or security is available on the date set for payment or exchange, and the purchaser takes the security more than one year after that date; or
(2) Is not covered by paragraph (1) of this section and the purchaser takes the security more than two years after the date set for surrender or presentation or the date on which performance became due.
Source: L. 96: Entire article R&RE, p. 217, § 2, effective July 1.
Editor's note: This section is similar to former § 4-8-203 as it existed prior to 1996.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 4-8-203
What does Colorado Revised Statutes § 4-8-203 cover?
Section 4-8-203 ("Staleness as notice of defect or defense.") 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 § 4-8-203?
A common citation format is "Colorado Revised Statutes § 4-8-203" (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 § 4-8-203 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.