Colorado § 42-12-103 - Furnishing bond for certificates.
Full text of Colorado Colorado Revised Statutes § 42-12-103 — Furnishing bond for certificates., with citation guidance and answers to common questions.
§ 42-12-103. Furnishing bond for certificates.
(1) If a collector's item, street-rod vehicle, or horseless carriage is twenty-five years old or older, the applicant has had a certified vehicle identification number inspection performed on the vehicle, and the applicant presents a bill of sale within twenty-four months after the sale with the title application, then the applicant need not furnish surety under section 42-6-115 (3). To be excepted from the surety requirement, an applicant shall submit to the department a sworn affidavit, under penalty of perjury, stating that the required documents submitted are true and correct.
(2) If any person suffers loss or damage by reason of the filing of the certificate of title as provided in this section, the person shall have a right of action against the applicant and the surety on the applicant's bond, against either of whom the person damaged may proceed independently of the other.
Source: L. 2011: Entire article amended with relocations, (SB 11-031), ch. 86, p. 235, § 1, effective August 10. L. 2022: (1) amended, (HB 22-1388), ch. 475, p. 3465, § 15, effective January 1, 2023.
Editor's note: The former § 42-12-103 was relocated to § 42-12-402 in 2011.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 42-12-103
What does Colorado Revised Statutes § 42-12-103 cover?
Section 42-12-103 ("Furnishing bond for certificates.") 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 § 42-12-103?
A common citation format is "Colorado Revised Statutes § 42-12-103" (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 § 42-12-103 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.