Colorado Revised Statutes

Colo. Rev. Stat. § 4-3-109 (2026)

Payable to bearer or to order

✓ current as of July 2026

Find cases: SyfertCases citing this section CO-LEGleg.colorado.gov JustiaTitle on Justia CornellLII Search CasesGoogle Scholar

(a) A promise or order is payable to bearer if it:

(1) States that it is payable to bearer or to the order of bearer or otherwise indicates that the person in possession of the promise or order is entitled to payment;

(2) Does not state a payee; or

(3) States that it is payable to or to the order of cash or otherwise indicates that it is not payable to an identified person.

(b) A promise or order that is not payable to bearer is payable to order if it is payable (i) to the order of an identified person or (ii) to an identified person or order. A promise or order that is payable to order is payable to the identified person.

(c) An instrument payable to bearer may become payable to an identified person if it is specially indorsed pursuant to section 4-3-205 (a). An instrument payable to an identified person may become payable to bearer if it is indorsed in blank pursuant to section 4-3-205 (b).

Source: L. 94: Entire article R&RE, p. 845, § 1, effective January 1, 1995. Editor's note: This section is similar to former §§ 4-3-110 and 4-3-111 as they existed prior to 1994.

Notes of Decisions

Cited in 3 cases, 1978–2018 · leading case: Smith v. Certified Realty Corp., 585 P.2d 293 (Colo. Ct. App. 1978).

Sort: Relevance Newest Treatment

Smith v. Certified Realty Corp., 585 P.2d 293 (Colo. Ct. App. 1978). · cites it 2× “See § 4-3-109(1)(c), C.R.S. 1973; Axelson v. Dailey Co-operative Co.”

West Greeley Nat'l Bank v. Wygant, 650 P.2d 1339 (Colo. Ct. App. 1982). · cites it 2× “See also § 4-3-109(2), C.R.S. 1973 and § 4-3-105, C.”

Kim v. JP Morgan Chase Bank, N.A. (In re Kim), 585 B.R. 881 (D. Colo. 2018). · cites it 2× “" Colo. Rev. Stat. § 4-3-109 (c). Section 205(b) provides that, when an instrument is indorsed in blank, "an instrument becomes payable to bearer and may be negotiated by transfer of possession alone until specially indorsed.”

— Colo. Rev. Stat. § 4-3-109(1)(c) — 1 case

Smith v. Certified Realty Corp., 585 P.2d 293 (Colo. Ct. App. 1978). “See § 4-3-109(1)(c), C.R.S. 1973; Axelson v. Dailey Co-operative Co.”

— Colo. Rev. Stat. § 4-3-109(2) — 1 case

West Greeley Nat'l Bank v. Wygant, 650 P.2d 1339 (Colo. Ct. App. 1982). “See also § 4-3-109(2), C.R.S. 1973 and § 4-3-105, C.”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.