Colorado § 15-11-1202 Definitions

Colorado Statutes

§ 15-11-1202 — Definitions

Colorado·Title 15 Probate,·Art. Intestate Succession and Wills

As used in this part 12, unless the context otherwise requires:

(1)Disclaimant means the person to whom a disclaimed interest or power would have passed if the disclaimer had not been made.

(2)Disclaimed interest means the interest that would have passed to the disclaimant if the disclaimer had not been made.

(3)Disclaimer means the refusal to accept an interest in or power over property.

(4)Fiduciary means a personal representative, trustee, agent acting under a power of attorney, or other person authorized to act as a fiduciary with respect to the property of another person.

(5)Jointly held property means property held in the name of two or more persons under an arrangement in which all holders have concurrent interests and under which the last surviving holder is entit

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As used in this part 12, unless the context otherwise
requires:

(1) Disclaimant means the person to whom a disclaimed interest or power
would have passed if the disclaimer had not been made.

(2) Disclaimed interest means the interest that would have passed to the
disclaimant if the disclaimer had not been made.

(3) Disclaimer means the refusal to accept an interest in or power over
property.

(4) Fiduciary means a personal representative, trustee, agent acting under
a power of attorney, or other person authorized to act as a fiduciary with respect to
the property of another person.

(5) Jointly held property means property held in the name of two or more
persons under an arrangement in which all holders have concurrent interests and
under which the last surviving holder is entitled to the whole of the property.

(6) Person means an individual; corporation; business trust; estate; trust;
partnership; limited liability company; association; joint venture; government;
governmental subdivision, agency, or instrumentality; public corporation; or any
other legal or commercial entity.

(7) State means a state of the United States, the District of Columbia,
Puerto Rico, the United States Virgin Islands, or any territory or insular possession
subject to the jurisdiction of the United States. The term includes an Indian tribe or
band or an Alaskan native village recognized by federal law or formally
acknowledged by a state.

(8) Trust means:

(a) An express trust, charitable or noncharitable, with additions thereto,
whenever and however created; and

(b) A trust created pursuant to a statute, judgment, or decree that requires
the trust to be administered in the manner of an express trust.

Colorado § 15-11-1202 (Definitions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.