Colorado § 15-16-806 Powers of trust director

Colorado Statutes

§ 15-16-806 — Powers of trust director

Colorado·Title 15 Probate,·Art. Trust Administration

(1)Subject to section 15-16-807, the terms of a trust may grant a power of direction to a trust director.

(2)Unless the terms of a trust provide otherwise:

(a)A trust director may exercise any further power appropriate to the exercise or nonexercise of a power of direction granted to the director under subsection (1) of this section; and

(b)Trust directors with joint powers must act by majority decision.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) Subject to section 15-16-807, the
terms of a trust may grant a power of direction to a trust director.

(2) Unless the terms of a trust provide otherwise:

(a) A trust director may exercise any further power appropriate to the
exercise or nonexercise of a power of direction granted to the director under
subsection (1) of this section; and

(b) Trust directors with joint powers must act by majority decision.

Colorado § 15-16-806 (Powers of trust director) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.