Colorado § 15-5-301 Representation - basic effect

Colorado Statutes

§ 15-5-301 — Representation - basic effect

Colorado·Title 15 Probate,·Art. Colorado Uniform Trust Code

(1)Notice to a person who may represent and bind another person pursuant to this part 3 has the same effect as if notice were given directly to the other person.

(2)The consent of a person who may represent and bind another person pursuant to this part 3 is binding on the person represented unless the person represented objects to the representation before the consent would otherwise have become effective.

(3)A person who pursuant to this part 3 may represent a settlor who lacks capacity may receive notice and give a binding consent on the settlor's behalf.

(4)A settlor may not represent and bind a beneficiary pursuant to this part 3 with respect to the termination or modification of a trust pursuant to section 15-5-411 (1).

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(1) Notice to a person who may
represent and bind another person pursuant to this part 3 has the same effect as if
notice were given directly to the other person.

(2) The consent of a person who may represent and bind another person
pursuant to this part 3 is binding on the person represented unless the person
represented objects to the representation before the consent would otherwise have
become effective.

(3) A person who pursuant to this part 3 may represent a settlor who lacks
capacity may receive notice and give a binding consent on the settlor's behalf.

(4) A settlor may not represent and bind a beneficiary pursuant to this part 3
with respect to the termination or modification of a trust pursuant to section 15-5-411 (1).

Colorado § 15-5-301 (Representation - basic effect) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.