Colorado § 15-16-918 Removal or replacement of authorized fiduciary

Colorado Statutes

§ 15-16-918 — Removal or replacement of authorized fiduciary

Colorado § 15-16-918

Title 15Probate,

Art.Trust Administration

This text of Colorado § 15-16-918 (Removal or replacement of authorized fiduciary) 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. § 15-16-918 (2026).

Text

(1)An authorized fiduciary may not exercise the decanting power to modify a provision in a first-trust instrument granting another person power to remove or replace the fiduciary unless:

(a)The person holding the power consents to the modification in a signed record and the modification applies only to the person;

(b)The person holding the power and the qualified beneficiaries of the second trust consent to the modification in a signed record and the modification grants a substantially similar power to another person; or

(c)The court approves the modification and the modification grants a substantially similar power to another person.

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(1) An
authorized fiduciary may not exercise the decanting power to modify a provision in
a first-trust instrument granting another person power to remove or replace the
fiduciary unless:

(a) The person holding the power consents to the modification in a signed
record and the modification applies only to the person;

(b) The person holding the power and the qualified beneficiaries of the
second trust consent to the modification in a signed record and the modification
grants a substantially similar power to another person; or

(c) The court approves the modification and the modification grants a
substantially similar power to another person.