Colorado Statutes
§ 15-16-806 — Powers of trust director
Colorado § 15-16-806
This text of Colorado § 15-16-806 (Powers of trust director) 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. § 15-16-806 (2026).
Text
(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.
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Legislative History
Source: L. 2019: Entire part R&RE, (SB 19-105), ch. 51, p. 169, � 1, effective
August 2.
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 fiduciaryCite This Page — Counsel Stack
Bluebook (online)
Colorado § 15-16-806, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/15/15-16-806.