Colorado § 15-1-509 Fiduciary duty

Colorado Statutes

§ 15-1-509 — Fiduciary duty

Colorado § 15-1-509

Title 15Probate,

Art.Fiduciary

This text of Colorado § 15-1-509 (Fiduciary duty) 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. § 15-1-509 (2026).

Text

In the exercise of any of the powers granted in this
part 5, a fiduciary has a duty to act reasonably and equitably with due regard for his
obligations and responsibilities toward the interests of beneficiaries and creditors
and the estate or trust involved and the purposes thereof and with due regard for
the manner in which men of prudence, discretion, and intelligence would act in the
management of the property of another.

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In the exercise of any of the powers granted in this
part 5, a fiduciary has a duty to act reasonably and equitably with due regard for his
obligations and responsibilities toward the interests of beneficiaries and creditors
and the estate or trust involved and the purposes thereof and with due regard for
the manner in which men of prudence, discretion, and intelligence would act in the
management of the property of another.