Colorado § 15-5-702 Trustee's bond

Colorado Statutes

§ 15-5-702 — Trustee's bond

Colorado § 15-5-702

Title 15Probate,

Art.Colorado Uniform Trust Code

This text of Colorado § 15-5-702 (Trustee's bond) 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. § 15-5-702 (2026).

Text

(1)A trustee shall give bond to secure performance of the trustee's duties only if the court finds that a bond is needed to protect the interests of the beneficiaries or is required by the terms of the trust and the court has not dispensed with the requirement.

(2)The court may specify the amount of a bond, its liabilities, and whether sureties are necessary. The court may modify or terminate a bond at any time.

(3)Unless otherwise directed by the court or the terms of the trust, the cost of a bond is charged to the trust.

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(1) A trustee shall give bond to secure
performance of the trustee's duties only if the court finds that a bond is needed to
protect the interests of the beneficiaries or is required by the terms of the trust and
the court has not dispensed with the requirement.

(2) The court may specify the amount of a bond, its liabilities, and whether
sureties are necessary. The court may modify or terminate a bond at any time.

(3) Unless otherwise directed by the court or the terms of the trust, the cost
of a bond is charged to the trust.