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2018 Colorado Revised Statutes
Title 15 - Probate, Trusts, and Fiduciaries
Colorado Probate Code
Article 16 - Trust Administration
Part 8 - Directed Trustees
§ 15-16-807. Excluded trustee not liable for action of trust advisor
Universal Citation: CO Rev Stat ยง 15-16-807 (2018)
(1) If an excluded trustee is required to follow the direction of a trust advisor and the excluded trustee acts in accordance with such direction, the excluded trustee is not liable for any cause of action resulting from the act of complying therewith, except in cases of willful misconduct on the part of the excluded trustee so directed.
(2) An excluded trustee has no liability for any action of a trust advisor.
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