Colorado § 15-5-409 Noncharitable trust without ascertainable beneficiary

Colorado Statutes

§ 15-5-409 — Noncharitable trust without ascertainable beneficiary

Colorado § 15-5-409

Title 15Probate,

Art.Colorado Uniform Trust Code

This text of Colorado § 15-5-409 (Noncharitable trust without ascertainable beneficiary) 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. § 15-5-409 (2026).

Text

Subject
to section 15-5-409.5 and except as provided pursuant to sections 38-30-110 to 38-30-112, if a trust is for a specific, lawful, noncharitable purpose or for lawful,
noncharitable purposes to be selected by the trustee, and there is no definite or
definitely ascertainable beneficiary designated, the trust may be performed by the
trustee for twenty-one years but no longer, regardless of whether the terms of
trust contemplate a longer duration.

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Subject
to section 15-5-409.5 and except as provided pursuant to sections 38-30-110 to 38-30-112, if a trust is for a specific, lawful, noncharitable purpose or for lawful,
noncharitable purposes to be selected by the trustee, and there is no definite or
definitely ascertainable beneficiary designated, the trust may be performed by the
trustee for twenty-one years but no longer, regardless of whether the terms of
trust contemplate a longer duration.