Colorado Statutes

§ 15-14-426 — Delegation

Colorado·Title 15 Probate,·Art. Persons Under Disability - Protection
(1)A conservator may not delegate to an agent or another conservator the entire administration of the estate, but a conservator may otherwise delegate the performance of functions that a prudent trustee of comparable skills may delegate under similar circumstances.
(2)The conservator shall exercise reasonable care, skill, and caution in:
(a)Selecting an agent;
(b)Establishing the scope and terms of a delegation, consistent with the purposes and terms of the conservatorship;
(c)Periodically reviewing an agent's overall performance and compliance with the terms of the delegation; and
(d)Redressing an action or decision of an agent that would constitute a breach of trust if performed by the conservator.
(3)A conservator who complies with subsections (1) and (2) of this sect

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Legislative History

Source: L. 2000: Entire part R&RE, p. 1827, � 1, effective January 1, 2001 (see � 15-17-103).

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