2021 Colorado Code
Title 15 - Probate, Trusts, and Fiduciaries
Article 1 - Fiduciary
Part 1 - General Provisions
§ 15-1-101. Short Title
This part 1 shall be known and may be cited as the “Uniform Fiduciaries Law”.
History. Source: L. 23: P. 178, § 14. CSA: C. 67, § 14. CRS 53: § 57-1-14. C.R.S. 1963: § 57-1-13. History. Source: L. 23: P. 178, § 14. CSA: C. 67, § 14. CRS 53: § 57-1-14. C.R.S. 1963: § 57-1-13.
ANNOTATION
Law reviews. For article, “Uniform State Laws of Interest to Colorado Probate Lawyers”, see 14 Colo. Law. 1961 (1985). For article, “Some Problems Arising in the Representation of a Fiduciary”, see 32 Colo. Law. 11 (June 2003).
The purpose of the Uniform Fiduciaries Act is that uniform and definite rules were found necessary to take the place of diverse and conflicting rules that had grown up concerning constructive notice of breach of fiduciary obligations in order that commerce might proceed with as little hindrance as possible. Wysowatcky v. Denver-Willys, Inc., 131 Colo. 266 , 281 P.2d 165 (1955); Commercial Sav. Bank v. Baum, 137 Colo. 538 , 327 P.2d 743 (1958).
Applied in Fry & Co. v. District Court, 653 P.2d 1135 (Colo. 1982).