Colorado Statutes
§ 15-1-202 — Trustee not liable, when
If a trustee of an express trust which
includes property subject to a power of appointment or other power of disposition
distributes such property to those persons who would take such property in default
of appointment and such distribution is made not sooner than six months after the
death of the donee of such power and without knowledge of the existence of an
instrument exercising such power, he shall not be responsible to the appointee
under the instrument exercising such power.
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Legislative History
Source: L. 53: p. 303, � 1. CRS 53: � 57-2-1. C.R.S. 1963: � 57-2-1.
Nearby Sections
15
§ 15-1-1001
Legislative declaration§ 15-1-1006
References to Internal Revenue Code of 1954§ 15-1-1007
Application of part 10§ 15-1-101
Short title§ 15-1-102
Legislative declaration§ 15-1-103
Definitions§ 15-1-104
Prior transactions§ 15-1-105
Application of payments to fiduciary§ 15-1-109
Deposit in name of fiduciary