There is a newer version of this Section
2021 Colorado Code
Title 15 - Probate, Trusts, and Fiduciaries
Article 22 - Designated Beneficiary Agreements
§ 15-22-112. Death of a Designated Beneficiary - Effect on Designated Beneficiary Agreement
Universal Citation: CO Code § 15-22-112 (2021)
- A designated beneficiary agreement is terminated upon the death of either of the parties to the designated beneficiary agreement; however, a right or power which a designated beneficiary agreement conferred upon a designated beneficiary survives the death of the other designated beneficiary.
- A party to a designated beneficiary agreement who survives a designated beneficiary may enter into a designated beneficiary agreement with a different person so long as it meets the requirements of this article.
History. Source: L. 2009: Entire article added, (HB 09-1260), ch. 107, p. 438, § 1, effective July 1.
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