Colorado Statutes

§ 10-15-120 — Rule against perpetuities inapplicable

Colorado·Title 10 Insurance·Art. Preneed Funeral Contracts
No trust created pursuant to the provisions of this article, nor any interest therein, shall be deemed to be invalid by any existing law or rule against perpetuities or accumulations or suspension of the power of alienation and such trust and any interest therein may continue for such time as may be necessary to accomplish the purposes for which it may be created.

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Legislative History

Source: L. 95: Entire article R&RE, p. 1046, � 1, effective May 25.

Nearby Sections

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