Colorado § 28-5-214 Investments

Colorado Statutes

§ 28-5-214 — Investments

Colorado § 28-5-214

Title 28Military and

Art.Veterans

This text of Colorado § 28-5-214 (Investments) 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. § 28-5-214 (2026).

Text

Every guardian shall invest the surplus funds of his
or her ward's estate in such securities or property as authorized under the laws of
this state, but only upon prior order of the court; except that the funds may be
invested, without prior court authorization, in direct unconditional interest-bearing
obligations of this state or of the United States and in obligations the interest and
principal of which are unconditionally guaranteed by the United States. A signed
duplicate or certified copy of the petition for authority to invest shall be furnished
the proper office of the veterans administration, and notice of hearing thereon shall
be given said office as provided in the case of hearing on a guardian's account.

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Every guardian shall invest the surplus funds of his
or her ward's estate in such securities or property as authorized under the laws of
this state, but only upon prior order of the court; except that the funds may be
invested, without prior court authorization, in direct unconditional interest-bearing
obligations of this state or of the United States and in obligations the interest and
principal of which are unconditionally guaranteed by the United States. A signed
duplicate or certified copy of the petition for authority to invest shall be furnished
the proper office of the veterans administration, and notice of hearing thereon shall
be given said office as provided in the case of hearing on a guardian's account.

Legislative History

Source: L. 45: p. 657, � 13. CSA: C. 150, � 55 (13). CRS 53: � 143-3-13. C.R.S. 1963: � 144-3-13. L. 2002: Entire section amended, p. 623, � 132, effective May 24.