Colorado · Colorado Revised Statutes — Title 42, Vehicles and Traffic
C.R.S. Title 42 § 42-6-122: If there is more than one mortgage or lien on the motor or off-highway vehicle, the department's authorized agent may electronically transmit the mortgage or lien to the first mortgage or lienholder and notify the first mortgage or lienholder of any additional mortgages or liens
What this law says, in plain English
When multiple mortgages or liens exist on a vehicle, the department notifies the first lienholder of additional liens. The certificate holder must deliver the title to the department within 15 days for notation of junior mortgages, or face liability for damages.
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