Colorado § 15-5-707 Delivery of property by former trustee

Colorado Statutes

§ 15-5-707 — Delivery of property by former trustee

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

(1)Unless a cotrustee remains in office or the court otherwise orders, and until the trust property is delivered to a successor trustee or other person entitled to it, a trustee who has resigned or been removed has the duties of a trustee and the powers necessary to protect the trust property.

(2)A trustee who has resigned or been removed shall proceed expeditiously to deliver the trust property within the trustee's possession to the cotrustee, successor trustee, or other person entitled to it.

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(1) Unless a cotrustee
remains in office or the court otherwise orders, and until the trust property is
delivered to a successor trustee or other person entitled to it, a trustee who has
resigned or been removed has the duties of a trustee and the powers necessary to
protect the trust property.

(2) A trustee who has resigned or been removed shall proceed expeditiously
to deliver the trust property within the trustee's possession to the cotrustee,
successor trustee, or other person entitled to it.

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