Colorado Statutes
§ 6-10-118 — Removal of assignee by court
The court may remove the assignee
for neglect in the execution of the trust, for fraud, for misapplying the trust, or
wasting the estate, for failure to comply with the provisions of this article, or to
obey the orders of, or to submit to the supervision of the court, or for any other
good cause shown. The assignee may also be removed upon the petition of the
majority in number and value of the creditors, unless the court is satisfied that such
removal would not be for the best interest of the trust estate.
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Legislative History
Source: L. 1897: p. 98, � 15. R.S. 08: � 191. C.L. � 6258. CSA: C. 12, � 18. CRS
53: � 11-1-18. C.R.S. 1963: � 11-1-18.
Nearby Sections
15
§ 6-1-101
Short title§ 6-1-102
Definitions§ 6-1-104
Cooperative reporting§ 6-1-106
Exclusions§ 6-1-108
Subpoenas - hearings - rules§ 6-1-109
Remedies§ 6-1-1101
Short title§ 6-1-1102
Legislative declaration§ 6-1-1103
Definitions§ 6-1-1104
Foreclosure consulting contract§ 6-1-1105
Right of cancellation§ 6-1-1106
Waiver of rights - void