Colorado Code § 42-6-128

Validity of mortgage between parties. Nothing in this part 1 impairs the
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validity of a mortgage on a motor or off-highway vehicle between the parties as long as no
purchaser for value, mortgagee, or creditor without actual notice of the existence of a mortgage
has acquired an interest in the motor or off-highway vehicle described in the mortgage,
notwithstanding that the parties to the mortgage have failed to comply with this part 1.

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