Colorado § 15-1.2-402 Distribution from trust or estate

Colorado Statutes

§ 15-1.2-402 — Distribution from trust or estate

Colorado § 15-1.2-402

Title 15Probate,

Art.Uniform Fiduciary Income and Principal Act

This text of Colorado § 15-1.2-402 (Distribution from trust or estate) 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. § 15-1.2-402 (2026).

Text

A fiduciary shall allocate to
income an amount received as a distribution of income, including a unitrust
distribution under part 3 of this article 1.2, from a trust or estate in which the
fiduciary has an interest, other than an interest the fiduciary purchased in a trust
that is an investment entity, and shall allocate to principal an amount received as a
distribution of principal from the trust or estate. If a fiduciary purchases, or receives
from a settlor, an interest in a trust that is an investment entity, section 15-1.2-401,
15-1.2-415, or 15-1.2-416 apply to a receipt from the trust.

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A fiduciary shall allocate to
income an amount received as a distribution of income, including a unitrust
distribution under part 3 of this article 1.2, from a trust or estate in which the
fiduciary has an interest, other than an interest the fiduciary purchased in a trust
that is an investment entity, and shall allocate to principal an amount received as a
distribution of principal from the trust or estate. If a fiduciary purchases, or receives
from a settlor, an interest in a trust that is an investment entity, section 15-1.2-401,
15-1.2-415, or 15-1.2-416 apply to a receipt from the trust.