Colorado Statutes
§ 15-14-718 — Agent's resignation - notice
(1)Unless the power of attorney
provides a different method for an agent's resignation, an agent may resign by
giving notice to the principal and, if the principal is incapacitated:
(a)To the conservator or guardian, if one has been appointed for the
principal, and a coagent or successor agent; or
(b)If there is no person described in paragraph (a) of this subsection (1), to:
(I)The principal's caregiver;
(II)Another person reasonably believed by the agent to have sufficient
interest in the principal's welfare; or
(III)A governmental agency having authority to protect the welfare of the
principal.
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Legislative History
Source: L. 2009: Entire part added, (HB 09-1198), ch. 106, p. 393, � 1,
effective April 9.
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