Colorado § 15-12-909 Improper distribution - liability of distributee

Colorado Statutes

§ 15-12-909 — Improper distribution - liability of distributee

Colorado § 15-12-909

Title 15Probate,

Art.Probate of Wills and Administration

This text of Colorado § 15-12-909 (Improper distribution - liability of distributee) 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. § 15-12-909 (2026).

Text

Unless the
distribution or payment no longer can be questioned because of adjudication,
estoppel, or limitation, a distributee of property improperly distributed or paid, or a
claimant who was improperly paid, is liable for return of the property improperly
received and its income since distribution if he has the property. If he does not have
the property, then he is liable for return of the value as of the date of disposition of
the property improperly received and its income and gain received by him.

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Unless the
distribution or payment no longer can be questioned because of adjudication,
estoppel, or limitation, a distributee of property improperly distributed or paid, or a
claimant who was improperly paid, is liable for return of the property improperly
received and its income since distribution if he has the property. If he does not have
the property, then he is liable for return of the value as of the date of disposition of
the property improperly received and its income and gain received by him.