2020 Colorado Revised Statutes
Title 15 - Probate, Trusts, And Fiduciaries
Article 5. Colorado Uniform Trust Code
Section 15-5-301. Representation - basic effect.
(1) Notice to a person who may represent and bind another person pursuant to this part 3 has the same effect as if notice were given directly to the other person.
The consent of a person who may represent and bind another person pursuant to thispart 3 is binding on the person represented unless the person represented objects to the representation before the consent would otherwise have become effective.
A person who pursuant to this part 3 may represent a settlor who lacks capacity mayreceive notice and give a binding consent on the settlor's behalf.
A settlor may not represent and bind a beneficiary pursuant to this part 3 with respectto the termination or modification of a trust pursuant to section 15-5-411 (1).
Source: L. 2018: Entire article added, (SB 18-180), ch. 169, p. 1158, § 1, effective January 1, 2019.
