General powers of trustee.

  1. Law
  2. Colorado Revised Statutes
  3. Probate, Trusts, And Fiduciaries
  4. Colorado Uniform Trust Code
  5. General powers of trustee.

Checkout our iOS App for a better way to browser and research.

(1) A trustee, without authorization by the court, may exercise:

(a) Powers conferred by the terms of the trust; and (b) Except as limited by the terms of the trust:

  1. All powers over the trust property that an unmarried competent owner has over individually owned property;

  2. Any other powers appropriate to achieve the proper investment, management, anddistribution of the trust property; and

  3. Any other powers conferred by this code and the "Colorado Fiduciaries' PowersAct", part 8 of article 1 of this title 15.

(2) The exercise of a power is subject to the fiduciary duties prescribed by this code.

Source: L. 2018: Entire article added, (SB 18-180), ch. 169, p. 1178, § 1, effective January 1, 2019.


Download our app to see the most-to-date content.