Colorado § 15-14-728 Tangible personal property

Colorado Statutes

§ 15-14-728 — Tangible personal property

Colorado § 15-14-728

Title 15Probate,

Art.Persons Under Disability - Protection

This text of Colorado § 15-14-728 (Tangible personal property) 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. § 15-14-728 (2026).

Text

(1)Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to tangible personal property authorizes the agent to:

(a)Demand, buy, receive, accept as a gift or as security for an extension of credit, or otherwise acquire or reject ownership or possession of tangible personal property or an interest in tangible personal property;

(b)Sell; exchange; convey with or without covenants, representations, or warranties; quitclaim; release; surrender; create a security interest in; grant options concerning; lease; sublease; or otherwise dispose of tangible personal property or an interest in tangible personal property;

(c)Grant a security interest in tangible personal property or an interest in tangible personal property

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(1) Unless the power of attorney
otherwise provides, language in a power of attorney granting general authority with
respect to tangible personal property authorizes the agent to:

(a) Demand, buy, receive, accept as a gift or as security for an extension of
credit, or otherwise acquire or reject ownership or possession of tangible personal
property or an interest in tangible personal property;

(b) Sell; exchange; convey with or without covenants, representations, or
warranties; quitclaim; release; surrender; create a security interest in; grant options
concerning; lease; sublease; or otherwise dispose of tangible personal property or
an interest in tangible personal property;

(c) Grant a security interest in tangible personal property or an interest in
tangible personal property as security to borrow money or pay, renew, or extend
the time of payment of a debt of the principal or a debt guaranteed by the principal;

(d) Release, assign, satisfy, or enforce by litigation or otherwise a security
interest, lien, or other claim on behalf of the principal with respect to tangible
personal property or an interest in tangible personal property;

(e) Manage or conserve tangible personal property or an interest in tangible
personal property on behalf of the principal, including:

(I) Insuring against liability or casualty or other loss;

(II) Obtaining or regaining possession of or protecting the property or
interest, by litigation or otherwise;

(III) Paying, assessing, compromising, or contesting taxes or assessments or
applying for and receiving refunds in connection with taxes or assessments;

(IV) Moving the property from place to place;

(V) Storing the property for hire or on a gratuitous bailment; and

(VI) Using and making repairs, alterations, or improvements to the property;
and

(f) Change the form of title of an interest in tangible personal property.