Colo. Rev. Stat. § 4-1-301

Territorial applicability - parties' power to choose applicable law

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(a) Except as otherwise provided in this section, when a transaction bears a reasonable relation to this state and also to another state or nation the parties may agree that the law either of this state or of such other state or nation shall govern their rights and duties. (b) In the absence of an agreement effective under subsection (a) of this section, and except as provided in subsection (c) of this section, the "Uniform Commercial Code" applies to transactions bearing an appropriate relation to this state. (c) If one of the following provisions of the "Uniform Commercial Code" specifies the applicable law, that provision governs and a contrary agreement is effective only to the extent permitted by the law so specified: (1) Section 4-2-402; (2) Sections 4-2.5-105 and 4-2.5-106; (3) Section 4-4-102; (4) Section 4-4.5-507; (5) Section 4-5-116; (6) (Reserved) (7) Section 4-8-110; (8) Sections 4-9-301 to 4-9-307; (9) Section 4-12-107. Source: L. 2006: Entire article R&RE, p. 466, § 1, effective September 1. L. 2023: (c)(9) added, (SB 23-090), ch. 136, p. 526, § 3, effective August 7.

Editor's note: This section is similar to former § 4-1-105 as it existed prior to 2006.

Notes of Decisions

Cited in 4 cases (2 in the last 5 years), 2012–2024 · leading case: Rent-Rite Superkegs W., Ltd. v. World Bus. Lenders, LLC (In re Rent-Rite Superkegs W., Ltd.)

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Rent-Rite Superkegs W., Ltd. v. World Bus. Lenders, LLC (In re Rent-Rite Superkegs W., Ltd.) (2019) cob · cites it 4× “§ 4-1-301 is titled "parties' power to choose applicable law" and states: Except as otherwise provided in this section, when a transaction bears a reasonable relation to this state and also to another state .”

Leica Geosystems, Inc. v. L.W.S. Leasing, Inc. (2012) cod · cites it 2× “2003) (applying Colorado law); see also Colo.Rev.Stat. § 4-1-301. Under this approach, the Court applies the law of the *1203 state chosen by the contracting parties to govern their contractual rights and duties unless: (1) the chosen state has no substantial relationship to the…”

Ashley Campbell, Inc. (2023) cob · cites it 2× “§ 4-1-301 is titled “parties’ power to choose applicable law” and states: Except as otherwise provided in this section, when a transaction bears a reasonable relation to this state and also to another state .”

Grays v. BlackHawk Aquisition, LLC (2024) cod “§ 4-1-301 , et seq. (‘UCC’)” (id. at pp.24-25); (9) “Violations of the Colorado Consumer Protection Act, Colo.”

— Colo. Rev. Stat. § 4-1-301(a) — 2 cases

Rent-Rite Superkegs W., Ltd. v. World Bus. Lenders, LLC (In re Rent-Rite Superkegs W., Ltd.) (2019) cob “§ 4-1-301 is titled "parties' power to choose applicable law" and states: Except as otherwise provided in this section, when a transaction bears a reasonable relation to this state and also to another state .”

Ashley Campbell, Inc. (2023) cob “§ 4-1-301 is titled “parties’ power to choose applicable law” and states: Except as otherwise provided in this section, when a transaction bears a reasonable relation to this state and also to another state .”

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