Colorado § 15-10-108 Acts by holder of general power

Colorado Statutes

§ 15-10-108 — Acts by holder of general power

Colorado § 15-10-108

Title 15Probate,

Art.General Provisions, Definitions,

This text of Colorado § 15-10-108 (Acts by holder of general power) 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. § 15-10-108 (2026).

Text

For the purpose of granting
consent or approval with regard to the acts or accounts of a personal
representative or trustee, including relief from liability or penalty for failure to post
bond, to register a trust, or to perform other duties, and for purposes of consenting
to modification or termination of a trust or to deviation from its terms, the sole
holder or all coholders of a presently exercisable general power of appointment,
including one in the form of a power of amendment or revocation, are deemed to act
for beneficiaries to the extent that their interests (as objects, takers in default, or
otherwise) are subject to the power.

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For the purpose of granting
consent or approval with regard to the acts or accounts of a personal
representative or trustee, including relief from liability or penalty for failure to post
bond, to register a trust, or to perform other duties, and for purposes of consenting
to modification or termination of a trust or to deviation from its terms, the sole
holder or all coholders of a presently exercisable general power of appointment,
including one in the form of a power of amendment or revocation, are deemed to act
for beneficiaries to the extent that their interests (as objects, takers in default, or
otherwise) are subject to the power.