C.R.S.
Section 4-7-105
Reissuance in alternative medium
(a)
Upon request of a person entitled under an electronic document of title, the issuer of the electronic document may issue a tangible document of title as a substitute for the electronic document if:(1)
The person entitled under the electronic document surrenders control of the document to the issuer; and(2)
The tangible document when issued contains a statement that it is issued in substitution for the electronic document.(b)
Upon issuance of a tangible document of title in substitution for an electronic document of title in accordance with subsection (a) of this section:(1)
The electronic document ceases to have any effect or validity; and(2)
The person that procured issuance of the tangible document warrants to all subsequent persons entitled under the tangible document that the warrantor was a person entitled under the electronic document when the warrantor surrendered control of the electronic document to the issuer.(c)
Upon request of a person entitled under a tangible document of title, the issuer of the tangible document may issue an electronic document of title as a substitute for the tangible document if:(1)
The person entitled under the tangible document surrenders possession of the document to the issuer; and(2)
The electronic document when issued contains a statement that it is issued in substitution for the tangible document.(d)
Upon issuance of an electronic document of title in substitution for a tangible document of title in accordance with subsection (c) of this section:(1)
The tangible document ceases to have any effect or validity; and(2)
The person that procured issuance of the electronic document warrants to all subsequent persons entitled under the electronic document that the warrantor was a person entitled under the tangible document when the warrantor surrendered possession of the tangible document to the issuer.
Source:
Section 4-7-105 — Reissuance in alternative medium, https://leg.colorado.gov/sites/default/files/images/olls/crs2023-title-04.pdf
(accessed Oct. 20, 2023).