Colorado Statutes
§ 15-1-203 — No liability if distribution under instrument
If a trustee of an
express trust which includes property subject to a power of appointment or other
power of disposition distributes such property pursuant to an instrument exercising
such power and without knowledge of any infirmity in such instrument and
thereafter such instrument shall be held wholly or partially invalid, such trustee
shall not be responsible to those persons who would take in default of appointment.
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Legislative History
Source: L. 53: p. 303, � 2. CRS 53: � 57-2-2. C.R.S. 1963: � 57-2-2.
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