§ 15-5-205 — Registration of trusts

Colorado § 15-5-205

• Jurisdiction: Colorado
• Title 15: Probate,
• Art.: Colorado Uniform Trust Code

Text

(1) The trustee of a trust having its
principal place of administration in this state may, after its acceptance of the trust,
register the trust in the court of this state at the principal place of administration
unless registration would be inconsistent with the retained jurisdiction of a foreign
court from which the trustee cannot obtain release.

(2) Registration of a fully and concurrently revocable inter vivos trust shall
not be made until such a time as the settlor's power to revoke such a trust has
terminated.

(3) A trust that divides the corpus into multiple trusts or a will that creates
multiple trusts needs only one registration rather than a registration of each
separate trust.

(4) This section and sections 15-5-206 to 15-5-209 do not apply to any trust
created pursuant to section 15-14-412.5 or 15-14-412.6.

Legislative History

Source: L. 2018: Entire article added, (SB 18-180), ch. 169, p. 1155, � 1, effective January 1, 2019.