2020 Colorado Revised Statutes
Title 15 - Probate, Trusts, And Fiduciaries
Article 16. Trust Administration
Editor's note: For historical information concerning the repeal and reenactment of articles 10 to 17 of this title, see the editor's note immediately preceding article 10.
Editor's note: This part 8 was added in 2014. It was repealed and reenacted in 2019, resulting in the addition, relocation, or elimination of sections as well as subject matter. For amendments to this part 8 prior to 2019, consult the 2018 Colorado Revised Statutes and the Colorado statutory research explanatory note beginning on page vii in the front of this volume.
Cross references:For official comments relating to this part 8, search "Uniform Directed Trust Act" at www.uniformlaws.org.
Law reviews: For article, "Estate Planning with Directed Trusts under the Colorado Uniform Directed Trust Act", see 48 Colo. Law. 50 (Nov. 2019).
- Section 15-16-801. Short title.
- Section 15-16-802. Definitions.
- Section 15-16-803. Application - principal place of administration.
- Section 15-16-804. Common law and principles of equity.
- Section 15-16-805. Exclusions - definition.
- Section 15-16-806. Powers of trust director.
- Section 15-16-807. Limitations on powers of trust director.
- Section 15-16-808. Duty and liability of trust director.
- Section 15-16-809. Duty and liability of directed trustee.
- Section 15-16-810. Duty to provide information to trust director or trustee.
- Section 15-16-811. No duty to monitor, inform, or advise.
- Section 15-16-812. Application to cotrustee.
- Section 15-16-813. Limitations of action against trust director.
- Section 15-16-814. Defenses in action against trust director.
- Section 15-16-815. Jurisdiction over trust director.
- Section 15-16-816. Office of trust director.
- Section 15-16-817. Uniformity of application and construction.
- Section 15-16-818. Relation to electronic signatures in global and national commerce act.
Law reviews: For article, "Modifying Irrevocable Trusts under the New Colorado Uniform
Trust Decanting Act", see 45 Colo. Law. 55 (Nov. 2016); for article, "Is the Irrevocable Trust Really Irrevocable?" see 47 Colo. Law. 56 (Oct. 2018); for article, "Decanting in Connection with Divorce: A Case Study", see 48 Colo. Law. 62 (Oct. 2019).
- Section 15-16-901. Short title.
- Section 15-16-902. Definitions.
- Section 15-16-903. Scope - definitions.
- Section 15-16-904. Fiduciary duty.
- Section 15-16-905. Application - governing law.
- Section 15-16-906. Reasonable reliance.
- Section 15-16-907. Notice - exercise of decanting power.
- Section 15-16-908. Representation.
- Section 15-16-910. Formalities.
- Section 15-16-911. Decanting power under expanded distributive discretion - definitions.
- Section 15-16-912. Decanting power under limited distributive discretion - definitions.
- Section 15-16-913. Trust for beneficiary with disability - definitions.
- Section 15-16-914. Protection of charitable interest - definitions.
- Section 15-16-915. Trust limitation on decanting.
- Section 15-16-916. Change in compensation.
- Section 15-16-917. Relief from liability and indemnification.
- Section 15-16-918. Removal or replacement of authorized fiduciary.
- Section 15-16-919. Tax-related limitations - definitions.
- Section 15-16-920. Duration of second trust.
- Section 15-16-922. Saving provision.
- Section 15-16-923. Trust for care of animal - definitions.
- Section 15-16-924. Terms of second trust.
- Section 15-16-925. Settlor.
- Section 15-16-926. Later-discovered property.
- Section 15-16-927. Obligations.
- Section 15-16-928. Uniformity of application and construction.
- Section 15-16-929. Relation to electronic signatures in global and national commerce act.
- Section 15-16-930. Severability.
