{"data":{"id":"us-co/c.r.s.-4-9-205","jurisdiction":"us-co","citation":"C.R.S. § 4-9-205","heading":"Use or disposition of collateral permissible.","body":"(a) A security interest is not invalid or fraudulent against creditors solely because:\n\n(1) The debtor has the right or ability to:\n\n(A) Use, commingle, or dispose of all or part of the collateral, including returned or repossessed goods;\n\n(B) Collect, compromise, enforce, or otherwise deal with collateral;\n\n(C) Accept the return of collateral or make repossessions; or\n\n(D) Use, commingle, or dispose of proceeds; or\n\n(2) The secured party fails to require the debtor to account for proceeds or replace collateral.\n\n(b) This section does not relax the requirements of possession if attachment, perfection, or enforcement of a security interest depends upon possession of the collateral by the secured party.","path":["Title 4 - UNIFORM COMMERCIAL CODE","Article 9 - Secured Transactions","Part 2 - EFFECTIVENESS OF SECURITY AGREEMENT; ATTACHMENT OF SECURITY INTEREST; RIGHTS OF PARTIES TO SECURITY AGREEMENT"],"source_url":"https://olls.info/crs/crs2026-title-04.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"65610caf9d3b76a14a0c0505561121416029907b5f0fa395a23784345c046e5b","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-4-9-204","next":"us-co/c.r.s.-4-9-206"},"notice":"GroundRules: Original legal text. Not legal advice."}