Colorado Statutes

§ 15-14-709 — When power of attorney effective

Colorado·Title 15 Probate,·Art. Persons Under Disability - Protection
(1)A power of attorney is effective when executed unless the principal provides in the power of attorney that it becomes effective at a future date or upon the occurrence of a future event or contingency.
(2)If a power of attorney becomes effective upon the occurrence of a future event or contingency, the principal, in the power of attorney, may authorize one or more persons to determine in a writing or other record that the event or contingency has occurred.
(3)If a power of attorney becomes effective upon the principal's incapacity and the principal has not authorized a person to determine whether the principal is incapacitated, or the person authorized is unable or unwilling to make the determination, the power of attorney becomes effective upon a determination in a writi

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Legislative History

Source: L. 2009: Entire part added, (HB 09-1198), ch. 106, p. 388, � 1, effective April 9.

Nearby Sections

15
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