§ 15-12-610 — Termination of appointment - voluntary

(1) An appointment of a
personal representative terminates as provided in section 15-12-1003 one year after
the filing of a closing statement.

(2) An order closing an estate as provided in section 15-12-1001 or 15-12-1002
terminates an appointment of a personal representative.

(3) A personal representative may resign his or her position by filing a
written statement of resignation with the registrar after he or she has given at least
fourteen days' written notice to the persons known to be interested in the estate. If
the person resigning is a sole representative and if no one applies or petitions for
appointment of a successor representative within the time indicated in the notice,
the filed statement of resignation is ineffective as a termination of appointment and
in any event is effective only upon the appointment and qualification of a successor
representative and delivery of the assets to him or her. If the person resigning is a
corepresentative, such resignation is effective only upon delivery of the assets in
his or her possession to any remaining corepresentatives.

Legislative History

Source: L. 73: R&RE, p. 1582, � 1. C.R.S. 1963: � 153-3-610. L. 2012: (3) amended, (SB 12-175), ch. 208, p. 837, � 43, effective July 1.