Colorado Statutes
§ 15-15-205 — Designation of agent
(1)By a writing signed by all parties, the
parties may designate as agent of all parties on an account a person other than a
party.
(2)Unless the terms of an agency designation provide that the authority of
the agent terminates on disability or incapacity of a party, the agent's authority
survives disability and incapacity. The agent may act for a disabled or incapacitated
party until the authority of the agent is terminated.
(3)Death of the sole party or last surviving party terminates the authority of
an agent.
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Legislative History
Source: L. 90: Entire article R&RE, p. 912, � 1, effective July 1.
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