Colorado § 15-5-1009 Beneficiary's consent, release, or ratification

Colorado Statutes

§ 15-5-1009 — Beneficiary's consent, release, or ratification

Colorado § 15-5-1009

Title 15Probate,

Art.Colorado Uniform Trust Code

This text of Colorado § 15-5-1009 (Beneficiary's consent, release, or ratification) 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. § 15-5-1009 (2026).

Text

(1)A trustee is not liable to a beneficiary for breach of trust if the beneficiary consented to the conduct constituting the breach, released the trustee from liability for the breach, or ratified the transaction constituting the breach, unless:

(a)The consent, release, or ratification of the beneficiary was induced by improper conduct of the trustee; or

(b)At the time of the consent, release, or ratification, the beneficiary did not know of the beneficiary's rights or of the material facts relating to the breach.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) A trustee is
not liable to a beneficiary for breach of trust if the beneficiary consented to the
conduct constituting the breach, released the trustee from liability for the breach,
or ratified the transaction constituting the breach, unless:

(a) The consent, release, or ratification of the beneficiary was induced by
improper conduct of the trustee; or

(b) At the time of the consent, release, or ratification, the beneficiary did not
know of the beneficiary's rights or of the material facts relating to the breach.