Colorado Statutes
§ 15-16-921 — Need to distribute not required
An authorized fiduciary may
exercise the decanting power regardless of whether under the first trust's
discretionary distribution standard the fiduciary would have made or could have
been compelled to make a discretionary distribution of principal at the time of the
exercise.
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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