§ 15-12-717 — Corepresentatives - when joint action required

Colorado § 15-12-717

• Jurisdiction: Colorado
• Title 15: Probate,
• Art.: Probate of Wills and Administration

Text

If two or more
persons are appointed corepresentatives and unless the will provides otherwise,
the concurrence of all is required on all acts connected with the administration and
distribution of the estate. This restriction does not apply when any corepresentative
receives and receipts for property due the estate, when the concurrence of all
cannot readily be obtained in the time reasonably available for emergency action
necessary to preserve the estate, or when a corepresentative has been delegated
to act for the others. Persons dealing with a corepresentative, if actually unaware
that another has been appointed to serve with him or if advised by the personal
representative with whom they deal that he has authority to act alone for any of the
reasons mentioned herein, are as fully protected as if the person with whom they
dealt had been the sole personal representative.

Legislative History

Source: L. 73: R&RE, p. 1590, � 1. C.R.S. 1963: � 153-3-717.