Colorado Statutes
§ 15-12-504 — Supervised administration - powers of personal representative
Unless restricted by the court, a supervised personal representative has, without
interim orders approving exercise of a power, all powers of personal
representatives under this code, but he shall not exercise his power to transfer,
surrender, or release estate assets to a distributee without prior order of the court.
Any other restriction on the power of a personal representative which may be
ordered by the court must be endorsed on his letters of appointment and, unless so
endorsed, is ineffective as to persons dealing in good faith with the personal
representative.
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Legislative History
Source: L. 73: R&RE, p. 1579, � 1. C.R.S. 1963: � 153-3-504. L. 75: Entire
section amended, p. 595, � 25, effective July 1.
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