{"data":{"id":"us-co/c.r.s.-4-9-323","jurisdiction":"us-co","citation":"C.R.S. § 4-9-323","heading":"Future advances.","body":"(a) Except as otherwise provided in subsection (c) of this section, for purposes of determining the priority of a perfected security interest under section 4-9-322 (a)(1), perfection of the security interest dates from the time an advance is made to the extent that the security interest secures an advance that:\n\n(1) Is made while the security interest is perfected only:\n\n(A) Under section 4-9-309 when it attaches; or\n\n(B) Temporarily under section 4-9-312 (e), (f), or (g); and\n\n(2) Is not made pursuant to a commitment entered into before or while the security interest is perfected by a method other than under section 4-9-309 or 4-9-312 (e), (f), or (g).\n\n(b) Except as otherwise provided in subsection (c) of this section, a security interest is subordinate to the rights of a person that becomes a lien creditor while the security interest is perfected only to the extent that the security interest secures an advance made more than forty-five days after the person becomes a lien creditor unless the advance is made:\n\n(1) Without knowledge of the lien; or\n\n(2) Pursuant to a commitment entered into without knowledge of the lien.\n\n(c) Subsections (a) and (b) of this section do not apply to a security interest held by a secured party that is a buyer of accounts, chattel paper, payment intangibles, or promissory notes or a consignor.\n\n(d) Except as otherwise provided in subsection (e) of this section, a buyer of goods takes free of a security interest to the extent that it secures advances made after the earlier of:\n\n(1) The time the secured party acquires knowledge of the buyer's purchase; or\n\n(2) Forty-five days after the purchase.\n\n(e) Subsection (d) of this section does not apply if the advance is made pursuant to a commitment entered into without knowledge of the buyer's purchase and before the expiration of the forty-five-day period.\n\n(f) Except as otherwise provided in subsection (g) of this section, a lessee of goods takes the leasehold interest free of a security interest to the extent that it secures advances made after the earlier of:\n\n(1) The time the secured party acquires knowledge of the lease; or\n\n(2) Forty-five days after the lease contract becomes enforceable.\n\n(g) Subsection (f) of this section does not apply if the advance is made pursuant to a commitment entered into without knowledge of the lease and before the expiration of the forty-five-day period.","path":["Title 4 - UNIFORM COMMERCIAL CODE","Article 9 - Secured Transactions","Part 3 - PERFECTION AND PRIORITY"],"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":"b9a5d3e1cd480bcdb088db2ef64c983b36dff1aa3138f2de5ba068065aa29f86","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-4-9-322","next":"us-co/c.r.s.-4-9-324"},"notice":"GroundRules: Original legal text. Not legal advice."}