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<br />ODOG12 <br /> <br />Page 1766 <br /> <br />House Journal--l11th Day--Apr11 29, 1991 <br /> <br />1 "SECTION 1. Repeal. 4-6-101 through 4-6-111, Colorado <br />2 Revised Statutes, as amended, are repealed. <br />3 <br />4 SEC1IOM 2. ^rticle 6 of title 4, Colorado Revised <br />5 Statutes, as amended, is amended BY THE ADDITION OF A NEW <br />6 SECTION to read: <br />7 <br />8 4-6-112. Savings clause. (1) RIGHTS AND OBLIGATIONS <br />9 THAT AROSE UNDER SECTIONS 4-6-101 TO 4-6-111 PRIOR TO THEIR <br />10 REPEAL REMAIN VALID AND MAY BE ENFORCED AS THOUGH SAID <br />11 SECTIONS HAD NOT BEEN REPEALED. <br />12 <br />13 (2) THIS SECTION IS REPEALED, EFFECTIVE JULY 1, 1993. <br />14 <br />15 SECTION 3. 4-1-105 (2), Colorado Revised Statutes, as <br />16 amended, is amended to read: <br />17 <br />18 4-1-105. Territorial application of title - parties' <br />19 power to choose applicable law. (2) Where one of the <br />20 following provisions of this title specifies the applicable <br />21 law, that provision governs and a contrary agreement is <br />22 effective only to the extent permitted by the law (including <br />23 the conflict of laws rules) so specified: <br />24 <br />25 Rights of creditors against sold goods. Section 4-2-402. <br />26 <br />27 Applicability of the Article on Bank DeposIts and <br />28 Collections. Section 4-4-102. <br />29 <br />30 Governing law in the Article on Funds Transfers. Section <br />31 4-4.5-507. <br />32 <br />33 Bafk-transfers-,abject-to-the-Arttcfe-on-Bafk--fransfers~ <br />34 Sectton-4-6-7B2~ <br />35 <br />36 Applicability of the Article on Investment Securities. <br />37 Section 4-8-106. <br />38 <br />39 Perfection provisions of the article on secured <br />40 transactions. Section 4-9-103. <br />41 <br />42 SECTION 4. 4-2-403 (4), Colorado Revised Statutes, is <br />43 amended to read: <br />44 <br />45 4-2-403. Power to transfer - Qood faith purchase of <br />46 Qoods - "entrusting". (4) The rights of other purchasers of <br />47 goodS and of lien creditors are governed by the articles on <br />48 secured transactions (article 9 of this title) batk-transfers <br />49 tarttcte-6-of-tht'-tttfe~; and documents of title (article 7 <br />50 of this title). <br />SI <br />52 SECTION 5. 4-9-111, Colorado Revised Statutes, is <br />53 repealed as follows: <br />54 <br />55 4-9-111. Applicability of bulk transfer laws. The <br />56 <br /> <br />,;~~ .....'..;. <br /> <br />'.','.' <br /> <br />;;:'i'ff~~:: ' <br /> <br /><~:!;;;::> <br /> <br />,"..:.',-:..... <br /> <br />. . '~'-; -.' .:~. <br />. .-.'-..' <br />" '. . <br />~::4.~~>~;< ;' <br /> <br />".".'. " . ~,:.;." <br />;.-~.....:::; <br />,'."'.' " <br />~ , '- . -, '",:,'.- '. "~ <br />{:.:.:~~:..)~::.,.? ~~.~ :~::' <br /> <br />.... :, <br /> <br />';..'" ... " <br /> <br />,',:;,";. , <br />.,.,.,.,, <br /> <br />.' "'-.' <br /> <br />~t%~5)~ <br /> <br />" <br /> <br />-=:2,:::::....<.::...' <br /> <br />':. .:. :;,~ ';.: '.', ,:'~;- :, ,. <br /> <br />:.:.~~~)f,~~,::_~:;~"..:.;.:~"~.~:. ~ <.~~ ' <br /> <br />. '..C'., ,". 'c'.' :". u , 1 <br />,..'.., ,,-' ',', " <br />,- .. " ,'. . , . . . ~ <br />:.~: ~:": ,:':'~:/~ :::'::'.~~ ;: ~.::.:,: ~-.;: .'? I <br />