Colorado § 4-9-314.5 - Perfection by possession and control of chattel paper.
Full text of Colorado Colorado Revised Statutes § 4-9-314.5 — Perfection by possession and control of chattel paper., with citation guidance and answers to common questions.
§ 4-9-314.5. Perfection by possession and control of chattel paper.
(a) A secured party may perfect a security interest in chattel paper by taking possession of each authoritative tangible copy of the record evidencing the chattel paper and obtaining control of each authoritative electronic copy of the electronic record evidencing the chattel paper.
(b) A security interest is perfected under subsection (a) of this section not earlier than the time the secured party takes possession and obtains control and remains perfected under subsection (a) of this section only while the secured party retains possession and control.
(c) Section 4-9-313 (c) and (f) to (i) applies to perfection by possession of an authoritative tangible copy of a record evidencing chattel paper.
Source: L. 2023: Entire section added, (SB 23-090), ch. 136, p. 553, § 60, effective August 7.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 4-9-314.5
What does Colorado Revised Statutes § 4-9-314.5 cover?
Section 4-9-314.5 ("Perfection by possession and control of chattel paper.") 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 § 4-9-314.5?
A common citation format is "Colorado Revised Statutes § 4-9-314.5" (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 § 4-9-314.5 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.