2021 Colorado Code
Title 15 - Probate, Trusts, and Fiduciaries
Article 1 - Fiduciary
Part 1 - General Provisions
§ 15-1-112.5. Liability of a Fiduciary for Acts of Predecessor Fiduciary

Universal Citation: CO Code § 15-1-112.5 (2021)

In the absence of actual knowledge or information which would cause a reasonable fiduciary to inquire further, a fiduciary shall be under no duty to examine the accounts and records of or inquire into the acts or omissions of a predecessor fiduciary and shall not be liable for failure to seek redress for any act or omission of any predecessor fiduciary.

History. Source: L. 77: Entire section added, p. 829, § 1, effective July 1.

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