Colorado Statutes

§ 15-5-1007 — Event affecting administration or distribution

Colorado·Title 15 Probate,·Art. Colorado Uniform Trust Code
If the happening of an event, including marriage, divorce, performance of educational requirements, or death, affects the administration or distribution of a trust, a trustee who has exercised reasonable care to ascertain the happening of the event is not liable for a loss resulting from the trustee's lack of knowledge.

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Legislative History

Source: L. 2018: Entire article added, (SB 18-180), ch. 169, p. 1185, � 1, effective January 1, 2019.

Nearby Sections

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