Colorado Code
Part 2 - Collection of Items - Depositary and Collecting Banks
§ 4-4-210. Security Interest of Collecting Bank in Items, Accompanying Documents, and Proceeds






(1) No security agreement is necessary to make the security interest enforceable (section 4-9-203 (b)(3)(A));
(2) No filing is required to perfect the security interest; and
(3) The security interest has priority over conflicting perfected security interests in the item, accompanying documents, or proceeds.

Source: L. 94: Entire article amended with relocations, p. 891, § 2, effective January 1, 1995. L. 2001: (c)(1) amended, p. 1441, § 27, effective July 1. L. 2006: IP(c) amended, p. 497, § 27, effective September 1.
Editor's note: This section is similar to former § 4-4-208 as it existed prior to 1994, and the former § 4-4-210 was relocated to § 4-4-212.