NOTE: The governor signed this measure on 6/5/2013.
      
      
      HOUSE BILL 13-1284
      
      
      BY REPRESENTATIVE(S) Gardner, Fields, Gerou, Kagan;
      also SENATOR(S) Roberts.
      
      
      Concerning documents that can be filed regarding security
           interests under the "Uniform Commercial Code".
       
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, 4-9-503, amend as it
      will become effective July 1, 2013, (a) (4) (C) as follows:
      
           4-9-503.  Name of debtor and secured party. (a)  A financing
      statement sufficiently provides the name of the debtor:
      
           (4)  If the debtor is an individual, only if the financing statement:
      
           (C)  Subject to subsection (g) of this section, provides the name of
      the individual that is indicated on a driver's license that this state has issued
      to the individual and that has not expired or an identification card
      issued pursuant to part 3 of article 2 of title 42, C.R.S., that has
      not expired; and
      
           SECTION 2.  In Colorado Revised Statutes, 4-9-518, repeal as it
      will become effective July 1, 2013, (a) (2), (a) (3), and (f) as follows:
      
           4-9-518.  Claim concerning inaccurate or wrongfully filed
      record. (a) (2)  Any person named as a secured party may file in the filing
      office an information statement with respect to a record filed there in which
      the person is identified as a secured party, consignor, lessor, or the like if
      the person believes the record is inaccurate or was wrongfully filed.
      
           (3)  Any person who incorrectly files an amendment affecting a
      record may file an information statement with respect to the record.
      
           (f)  The filing of an information statement is not effective as an
      amendment to a filed financing statement and is not sufficient to effect a
      change in the manner in which the filing office has indexed a financing
      statement or information contained in a financing statement.
      
           SECTION 3.  Effective date - applicability. This act takes effect
      July 1, 2013, and applies to conduct occurring on or after said date.
      
           SECTION 4.  Safety clause. The general assembly hereby finds,
      determines, and declares that this act is necessary for the immediate
      preservation of the public peace, health, and safety.
      
      
      
      
      ________________________________________________________
      Mark Ferrandino                         John P. Morse
      SPEAKER OF THE HOUSE                     PRESIDENT OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
      
      
      ____________________________  ____________________________
      Marilyn Eddins                      Cindi L. Markwell
      CHIEF CLERK OF THE HOUSE                 SECRETARY OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
                  APPROVED________________________________________
      
      
      
      
      
                                    _________________________________________
                                    John W. Hickenlooper
                                    GOVERNOR OF THE STATE OF COLORADO