Colorado Statutes
§ 15-16-920 — Duration of second trust
(1)Subject to subsection (2) of this
section, a second trust may have a duration that is the same as or different from the
duration of the first trust.
(2)To the extent that property of a second trust is attributable to property of
the first trust, the property of the second trust is subject to any rules governing
maximum perpetuity, accumulation, or suspension of the power of alienation which
apply to property of the first trust.
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Legislative History
Source: L. 2016: Entire part added, (SB 16-085), ch. 228, p. 888, � 1, effective
August 10.
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