2016 Colorado Revised Statutes
Title 38 - Property - Real and Personal
Real Property
Article 39 - Mortgages, Deeds of Trust, and Other Liens
Part 1 - General Provisions
§ 38-39-101. Effect of deed of trust to private trustee - nature of obligation secured

CO Rev Stat ยง 38-39-101 (2016) What's This?

Any deed of trust that names any person other than a public trustee as trustee therein or that secures an obligation other than an evidence of debt shall be deemed and taken to be a mortgage for all purposes and foreclosed only as mortgages are foreclosed in and through the courts; except that any deed of trust that names a public trustee as trustee therein and secures an obligation other than an instrument evidencing a debt shall be released as provided in section 38-39-102 (5).

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