Colorado Statutes
§ 15-19-108 — Interstate effect of declaration
(1)Unless otherwise stated in a
declaration, it shall be presumed that the declarant intends to have his or her
declaration executed pursuant to this part 1 and recognized to the fullest extent
possible by other states.
(2)Unless otherwise provided in the declaration, a declaration or similar
instrument executed in another state that complies with the requirements of this
part 1 may, in good faith, be relied upon by a third party in this state if an action
requested by the declarant does not violate any law of the federal government,
Colorado, or a political subdivision.
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Legislative History
Source: L. 2003: Entire article added, p. 1355, � 1, effective August 6. L.
2006: Entire section amended, p. 904, � 7, effective August 7. L. 2017: Entire
section amended, (SB 17-223), ch. 158, p. 560, � 13, effective August 9.
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