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2020 Colorado Revised Statutes
Title 15 - Probate, Trusts, And Fiduciaries
Article 1. Fiduciary
Section 15-1-112.5. Liability of a fiduciary for acts of predecessor fiduciary.
Universal Citation: CO Rev Stat § 15-1-112.5 (2020)
In the absence of actual knowledge or information which would cause a reasonable fiduciary to inquire further, a fiduciary shall be under no duty to examine the accounts and records of or inquire into the acts or omissions of a predecessor fiduciary and shall not be liable for failure to seek redress for any act or omission of any predecessor fiduciary.
Source: L. 77: Entire section added, p. 829, § 1, effective July 1.
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