C.R.S.
Section 4-9-314
Perfection by control
(a)
A security interest in controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, electronic documents, investment property, or letter-of-credit rights may be perfected by control of the collateral under section 4-7-106, 4-9-104, 4-9-106, 4-9-107, or 4-9-107.5.(b)
A security interest in controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, electronic documents, or letter-of-credit rights is perfected by control under section 4-7-106, 4-9-104, 4-9-107, or 4-9-107.5 not earlier than the time the secured party obtains control and remains perfected by control only while the secured party retains control.(c)
A security interest in investment property is perfected by control under section 4-9-106 not earlier than the time the secured party obtains control and remains perfected by control until:(1)
The secured party does not have control; and(2)
One of the following occurs:(A)
If the collateral is a certificated security, the debtor has or acquires possession of the security certificate;(B)
If the collateral is an uncertificated security, the issuer has registered or registers the debtor as the registered owner; or(C)
If the collateral is a security entitlement, the debtor is or becomes the entitlement holder.
Source:
Section 4-9-314 — Perfection by control, https://leg.colorado.gov/sites/default/files/images/olls/crs2023-title-04.pdf
(accessed Oct. 20, 2023).