Colorado Statutes
§ 10-15-109 — Disbursements - excess trust assets
Colorado § 10-15-109
This text of Colorado § 10-15-109 (Disbursements - excess trust assets) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Colo. Rev. Stat. § 10-15-109 (2026).
Text
At reasonable times, and
unless the trustee is notified by the commissioner that the preneed seller is in
violation of the provisions of this article or by the contract seller not to disburse
trust assets, the trustee shall disburse excess trust assets to the contract seller in
accordance with the terms of the preneed contract between the contract buyer and
the contract seller. The trustee shall not disburse any excess trust assets until such
time as the value of such trust assets exceeds the total of all funds paid by the
contract buyers under the preneed contracts. If more than one trust account is used
by the contract seller, the aggregate of all trust accounts must exceed the total of
all funds paid by all contract buyers before any disbursement by the trustee. It is
the obli
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Legislative History
Source: L. 95: Entire article R&RE, p. 1042, � 1, effective May 25.
Nearby Sections
15
§ 10-1-101
Legislative declaration§ 10-1-102
Definitions§ 10-1-105
Actuary§ 10-1-107
Personal fees prohibited§ 10-1-109
Rules of commissioner§ 10-1-111
Invoking aid of courts§ 10-1-113
No seal required on policies§ 10-1-114
Sale of premium notes prohibited§ 10-1-115
Penalty§ 10-1-116
Defamation of other companies - penalty§ 10-1-117
Company unauthorized in other statesCite This Page — Counsel Stack
Bluebook (online)
Colorado § 10-15-109, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/10/10-15-109.