NOTE: The governor signed this measure on 4/4/2013.
      
      
      HOUSE BILL 13-1157
      
      
      BY REPRESENTATIVE(S) McNulty, Priola, Gardner, Levy, Coram,
      Hullinghorst, Labuda;
      also SENATOR(S) Giron.
      
      
      Concerning adoption of the 2012 "Uniform Commercial Code"
           article 4.5 amendments.
       
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, amend 4-4.5-108 as
      follows:
      
           4-4.5-108.  Relationship to federal "Electronic Fund Transfer
      Act of 1978". (1)  Except as provided in subsection (2) of this
      section, this article does not apply to a funds transfer any part of which is
      governed by the "Electronic Fund Transfer Act of 1978", Title XX, Public
      Law Pub.L. 95-630, 92 Stat. 3728, 15 U.S.C. section sec. 1693 et seq., as
      amended from time to time.
      
           (2)  This article applies to a funds transfer that is a
      remittance transfer as defined in the federal "Electronic Fund
      Transfer Act of 1978", 15 U.S.C. sec. 1693o-1, as amended from time
      to time, unless the remittance transfer is an electronic fund
      transfer as defined in the federal "Electronic Fund Transfer Act
      of 1978", 15 U.S.C. sec. 1693a, as amended from time to time.
      
           (3)  In a funds transfer to which this article applies, in the
      event of an inconsistency between an applicable provision of this
      article and an applicable provision of the federal "Electronic
      Fund Transfer Act of 1978", the provision of the federal
      "Electronic Fund Transfer Act of 1978" governs to the extent of
      the inconsistency.
      
           SECTION 2.  Applicability. This act applies to acts occurring on
      or after the effective date of this act.
      
           SECTION 3.  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