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2020 Colorado Revised Statutes
Title 15 - Probate, Trusts, And Fiduciaries
Article 5. Colorado Uniform Trust Code
Law reviews: For article, "The Colorado Uniform Trust Code", see 48 Colo. Law. 37 (Mar. 2019).
PART 1 GENERAL PROVISIONS AND DEFINITIONS
- Section 15-5-101. Short title.
- Section 15-5-102. Scope.
- Section 15-5-103. Definitions.
- Section 15-5-104. Knowledge.
- Section 15-5-105. Default and mandatory rules.
- Section 15-5-106. Common law of trusts - principles of equity - other statutes.
- Section 15-5-107. Governing law.
- Section 15-5-108. Principal place of administration.
- Section 15-5-109. Methods and waiver of notice in matters other than judicial proceedings.
- Section 15-5-110. Others treated as qualified beneficiaries.
- Section 15-5-111. Nonjudicial settlement agreements.
- Section 15-5-112. Rules of construction.
- Section 15-5-113. Alternate dispute resolution.
- Section 15-5-114. Insurable interest of trustee - definition.
- Section 15-5-201. Role of court in administration of trust.
- Section 15-5-202. Jurisdiction over trustee and beneficiary.
- Section 15-5-203. Subject matter jurisdiction.
- Section 15-5-204. Venue.
- Section 15-5-205. Registration of trusts.
- Section 15-5-206. Registration procedures and content of statement.
- Section 15-5-207. Effect of failure to register.
- Section 15-5-208. Registration - qualification of a foreign trustee.
- Section 15-5-209. Release of trust registration statement.
- Section 15-5-210. Judicially approved settlements.
- Section 15-5-301. Representation - basic effect.
- Section 15-5-301.5. Scope of representative's authority and duty of certain representatives definitions.
- Section 15-5-302. Representation by a holder of general testamentary power of appointment.
- Section 15-5-303. Representation by fiduciaries and parents.
- Section 15-5-304. Representation by person having substantially identical interest.
- Section 15-5-305. Appointment of representative.
- Section 15-5-401. Methods of creating trust.
- Section 15-5-402. Requirements for creation.
- Section 15-5-403. Trusts created in other jurisdictions.
- Section 15-5-404. Trust purposes.
- Section 15-5-405. Charitable purposes - enforcement.
- Section 15-5-406. Creation of trust induced by fraud, duress, or undue influence.
- Section 15-5-407. Evidence of oral trust.
- Section 15-5-408. Trust for care of an animal.
- Section 15-5-409. Noncharitable trust without ascertainable beneficiary.
- Section 15-5-409.5. Additional provisions applicable to noncharitable trusts without ascertainable beneficiary and trusts for care of animal.
- Section 15-5-410. Modification or termination of trust - proceedings for approval or disapproval.
- Section 15-5-411. Modification or termination of noncharitable irrevocable trust by consent.
- Section 15-5-412. Modification or termination because of unanticipated circumstances or inability to administer trust effectively.
- Section 15-5-413. Cy pres.
- Section 15-5-414. Modification or termination of uneconomic trust.
- Section 15-5-415. Reformation to correct mistakes.
- Section 15-5-416. Modification to achieve settlor's tax objectives.
- Section 15-5-417. Combination and division of trusts.
- Section 15-5-601. (Reserved)
- Section 15-5-602. Revocation or amendment of revocable trust.
- Section 15-5-603. Settlor's powers.
- Section 15-5-604. Limitation on action contesting validity of revocable trust.
- Section 15-5-701. Accepting or declining trusteeship.
- Section 15-5-702. Trustee's bond.
- Section 15-5-703. Cotrustees.
- Section 15-5-704. Vacancy in trusteeship - appointment of successor.
- Section 15-5-705. Resignation of trustee.
- Section 15-5-706. Removal of trustee.
- Section 15-5-707. Delivery of property by former trustee.
- Section 15-5-708. Compensation of trustee.
- Section 15-5-709. Reimbursement of expenses.
Law reviews: For article, "Holding Closely Held Business Assets in Trust", see 49 Colo. Law. 49 (Mar. 2020).
- Section 15-5-801. Duty to administer trust.
- Section 15-5-802. Duty of loyalty.
- Section 15-5-803. Impartiality.
- Section 15-5-804. Prudent administration.
- Section 15-5-805. Costs of administration.
- Section 15-5-806. Trustee's skills.
- Section 15-5-807. Delegation by trustee.
- Section 15-5-808. Powers to direct.
- Section 15-5-809. Control and protection of trust property.
- Section 15-5-810. Record keeping and identification of trust property.
- Section 15-5-811. Enforcement and defense of claims.
- Section 15-5-812. Collecting trust property.
- Section 15-5-813. Duty to inform and report.
- Section 15-5-814. Discretionary powers - tax savings.
- Section 15-5-815. General powers of trustee.
- Section 15-5-816. Specific powers of trustee.
- Section 15-5-817. Distribution on termination.
- Section 15-5-818. Reimbursement for taxes - definitions.
- Section 15-5-1001. Remedies for breach of trust.
- Section 15-5-1002. Damages for breach of trust.
- Section 15-5-1003. Damages in absence of breach.
- Section 15-5-1004. Compensation and costs.
- Section 15-5-1005. Limitation of actions against trustee.
- Section 15-5-1006. Reliance on trust instrument.
- Section 15-5-1007. Event affecting administration or distribution.
- Section 15-5-1008. Exculpation of trustee.
- Section 15-5-1009. Beneficiary's consent, release, or ratification.
- Section 15-5-1010. Limitation on personal liability of trustee.
- Section 15-5-1011. Interest as a general partner.
- Section 15-5-1012. Protection of person dealing with trustee.
- Section 15-5-1013. Certification of trust.
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.
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