This part 1 shall be known and may be cited as the "Certificate of Title Act".
Source: L. 94: Entire title amended with relocations, p. 2448, § 1, effective January 1, 1995.
ANNOTATION
Law reviews. For article, "Certificate of Title Law Effective August 1st", see 26 Dicta 175 (1949). For article, "The New Colorado Chattel Mortgage Act", see 38 Dicta 231 (1961). For article, "Impact of the Uniform Commercial Code on Colorado Law", see 42 Den. L. Ctr. J. 67 (1965). For article, "Oil and Gas Financing Under the Uniform Commercial Code as Enacted in Colorado", see 43 Den. L.J. 129 (1966).
The object of the "certificates of title act" is to make transfer of title easier and less vulnerable from the attendant risks of stolen cars and secret liens. Loye v. Denver United States Nat'l Bank, 341 F.2d 402 (10th Cir. 1965); Doenges-Glass, Inc. v. GMAC, 175 Colo. 518, 488 P.2d 879 (1971).
Provisions mandatory and strict compliance required. These provisions are more than merely administrative, they are mandatory. Unless strict compliance with the statute is made, no interest or any right of any kind can be transferred. Rabtoay Gen. Tire Co. v. Colo. Kenworth Corp., 135 Colo. 110, 309 P.2d 616 (1957); Amarillo Auto Auction, Inc. v. Hutchinson, 135 Colo. 320, 310 P.2d 715 (1957).
Applied in In re Tanke, 4 B.R. 339 (Bankr. D. Colo. 1980).