§ 15-5-815 — General powers of trustee

Colorado § 15-5-815

• Jurisdiction: Colorado
• Title 15: Probate,
• Art.: Colorado Uniform Trust Code

Text

(1) A trustee, without authorization by
the court, may exercise:

(a) Powers conferred by the terms of the trust; and

(b) Except as limited by the terms of the trust:

(I) All powers over the trust property that an unmarried competent owner
has over individually owned property;

(II) Any other powers appropriate to achieve the proper investment,
management, and distribution of the trust property; and

(III) Any other powers conferred by this code and the Colorado Fiduciaries'
Powers Act, part 8 of article 1 of this title 15.

(2) The exercise of a power is subject to the fiduciary duties prescribed by
this code.

Legislative History

Source: L. 2018: Entire article added, (SB 18-180), ch. 169, p. 1178, � 1, effective January 1, 2019.