2020 Colorado Revised Statutes
Title 15 - Probate, Trusts, And Fiduciaries
Article 5. Colorado Uniform Trust Code
Section 15-5-303. Representation by fiduciaries and parents.
(1) To the extent there is no conflict of interest between the representative and the person represented or among those being represented with respect to a particular question or dispute:
A conservator may represent and bind the protected person whose estate the conservator controls;
A guardian may represent and bind the ward if a conservator of the ward's estate hasnot been appointed;
An agent having authority to act with respect to the particular question or disputemay represent and bind the principal;
A trustee may represent and bind the beneficiaries of the trust;
A personal representative of a decedent's estate may represent and bind persons interested in the estate; and
A parent may represent and bind, or appoint another person to represent and bind, theparent's minor or unborn child if a conservator or guardian for the child has not been appointed, provided that a person appointed by a settlor to represent the settlor's minor or unborn child may not be related or subordinate to the settlor within the meaning of section 672 (c) of the federal "Internal Revenue Code of 1986", as amended.
Source: L. 2018: Entire article added, (SB 18-180), ch. 169, p. 1159, § 1, effective January 1, 2019.
