Colorado § 15-5-405 Charitable purposes - enforcement

Colorado Statutes

§ 15-5-405 — Charitable purposes - enforcement

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

(1)A charitable trust may be created for the relief of poverty; the advancement of education or religion; the promotion of health, governmental, or municipal purposes; or other purposes the achievement of which is beneficial to the community.

(2)If the terms of a charitable trust do not indicate a particular charitable purpose or beneficiary, the trustee, if authorized by the terms of the trust, or, if not, the court, may select one or more charitable purposes or beneficiaries. The selection must be consistent with the settlor's intention to the extent that such intention can be ascertained.

(3)The settlor of a charitable trust, among others, may maintain a proceeding to enforce the trust.

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(1) A charitable trust may be
created for the relief of poverty; the advancement of education or religion; the
promotion of health, governmental, or municipal purposes; or other purposes the
achievement of which is beneficial to the community.

(2) If the terms of a charitable trust do not indicate a particular charitable
purpose or beneficiary, the trustee, if authorized by the terms of the trust, or, if not,
the court, may select one or more charitable purposes or beneficiaries. The
selection must be consistent with the settlor's intention to the extent that such
intention can be ascertained.

(3) The settlor of a charitable trust, among others, may maintain a
proceeding to enforce the trust.

Colorado § 15-5-405 (Charitable purposes - enforcement) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.