Colorado Statutes
§ 15-13-206 — Power of representatives in transition
The power of a
domiciliary foreign personal representative under section 15-13-201 or 15-13-205
shall be exercised only if there is no administration or application therefor pending
in this state. An application or petition for local administration of the estate
terminates the power of the foreign personal representative to act under section
15-13-205, but the local court may allow the foreign personal representative to
exercise limited powers to preserve the estate. No person who, before receiving
actual notice of a pending local administration, has changed his position in reliance
upon the powers of a foreign personal representative shall be prejudiced by reason
of the application or petition for, or grant of, local administration. The local personal
representative is subject t
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Legislative History
Source: L. 73: R&RE, p. 1610, � 1. C.R.S. 1963: � 153-4-206.
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