Colorado § 15-1.1-101 Prudent investor rule

Colorado Statutes

§ 15-1.1-101 — Prudent investor rule

Colorado § 15-1.1-101

Title 15Probate,

Art.Uniform Prudent Investor Act

This text of Colorado § 15-1.1-101 (Prudent investor rule) 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. § 15-1.1-101 (2026).

Text

(a)Except as otherwise provided in subsection (b) of this section, a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule set forth in this article.

(b)The prudent investor rule, a default rule, may be expanded, restricted, eliminated, or otherwise altered by the provisions of a trust. A trustee is not liable to a beneficiary to the extent that the trustee acted in reasonable reliance on the provisions of the trust.

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(a) Except as otherwise provided in
subsection (b) of this section, a trustee who invests and manages trust assets owes
a duty to the beneficiaries of the trust to comply with the prudent investor rule set
forth in this article.

(b) The prudent investor rule, a default rule, may be expanded, restricted,
eliminated, or otherwise altered by the provisions of a trust. A trustee is not liable
to a beneficiary to the extent that the trustee acted in reasonable reliance on the
provisions of the trust.