Colorado Statutes

§ 10-15-110 — Discharge of preneed contract - disbursements by trustees

Colorado § 10-15-110
JurisdictionColorado
Title 10Insurance
Art.Preneed Funeral Contracts

This text of Colorado § 10-15-110 (Discharge of preneed contract - disbursements by trustees) 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. § 10-15-110 (2026).

Text

(1)Before disbursing any trust assets to discharge a preneed contract, the trustee shall determine that the amount of assets to be released does not exceed the funds trusted.
(2)If a preneed contract is canceled by the contract buyer or the contract buyer's heirs, assigns, or duly authorized representatives, the trustee shall require a copy of the signed cancellation request before releasing trust assets.
(3)If a preneed contract is canceled by the contract seller due to a default by the contract buyer, the trustee shall require an affidavit from an officer or owner of the contract seller setting forth such default before releasing funds.
(4)If a preneed contract is performed by the contract seller, the trustee shall require an affidavit from an officer or owner of the cont

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Legislative History

Source: L. 95: Entire article R&RE, p. 1042, � 1, effective May 25.

Nearby Sections

15
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Bluebook (online)
Colorado § 10-15-110, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/10/10-15-110.