There is a newer version of the Colorado Revised Statutes
2016 Colorado Revised Statutes
Title 15 - Probate, Trusts, and Fiduciaries
Colorado Probate Code
Article 16 - Trust Administration
Part 3 - Duties and Liabilities of Trustees
§ 15-16-302. Trustee's standard of care and performance
CO Rev Stat ยง 15-16-302 (2016) What's This?
Except as otherwise provided by the terms of the trust, the trustee shall observe the standards in dealing with the trust assets that would be observed by a prudent man dealing with the property of another, and if the trustee has special skills or is named trustee on the basis of representations of special skills or expertise, he is under a duty to use those skills.
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