2016 Colorado Revised Statutes
Title 15 - Probate, Trusts, and Fiduciaries
Fiduciary
Article 1 - Fiduciary
Part 1 - General Provisions
§ 15-1-105. Application of payments to fiduciary

CO Rev Stat ยง 15-1-105 (2016) What's This?

A person who in good faith pays or transfers to a fiduciary any money or other property which the fiduciary as such is authorized to receive is not responsible for the proper application thereof by the fiduciary; and any right or title acquired from the fiduciary in consideration of such payment or transfer is not invalid in consequence of a misapplication by the fiduciary.

Disclaimer: These codes may not be the most recent version. Colorado may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.