(1) Express terms prevail over course of performance, course of dealing, and usage of trade;
(2) Course of performance prevails over course of dealing and usage of trade; and
Source: L. 2006: Entire article R&RE, p. 467, § 1, effective September 1.
Editor's note: This section is similar to former § 4-1-205 as it existed prior to 2006.
Source: Former Sections 1-205, 2-208, and Section 2A-207.
Changes from former law: This section integrates the "course of performance" concept from Articles 2 and 2A into the principles of former Section 1-205, which deals with course of dealing and usage of trade. In so doing, the section slightly modifies the articulation of the course of performance rules to fit more comfortably with the approach and structure of former UCC Section 1-205. There are also slight modifications to be more consistent with the definition of "agreement" in former section 1-201(3). It should be noted that a course of performance that might otherwise establish a defense to the obligation of a party to a negotiable instrument is not available as a defense against a holder in due course who took the instrument without notice of that course of performance.
Structure Colorado Code
Title 4 - Uniform Commercial Code
Article 1 - General Provisions
Part 3 - Territorial Applicability and General Rules
§ 4-1-301. Territorial Applicability - Parties' Power to Choose Applicable Law
§ 4-1-302. Variation by Agreement
§ 4-1-303. Course of Performance, Course of Dealing, and Usage of Trade
§ 4-1-304. Obligation of Good Faith
§ 4-1-305. Remedies to Be Liberally Administered
§ 4-1-306. Waiver or Renunciation of Claim or Right After Breach
§ 4-1-307. Prima Facie Evidence by Third-Party Documents
§ 4-1-308. Performance or Acceptance Under Reservation of Rights