Colo. Rev. Stat. § 6-10-116
Assignee under supervision of court
Colorado · Colorado Revised Statutes Title 6 — Consumer and Commercial Affairs · Status: effective
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- Citation
- Colo. Rev. Stat. § 6-10-116, Assignee under supervision of court, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2284392
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Full text
An assignee is subject to the order and supervision of the court at all times and, by citation or attachment, may be compelled, from time to time, to file reports of the assignee's proceedings and the situation and condition of the trust and to proceed in the faithful execution of the duties required by this article 10 to keep correct books of account open to inspection by the court, by any person interested in the estate, or by such person's attorney. A conveyance of real estate or a sale of personal property by the assignee that is not in the usual course of business, as conducted by the assignor, must be approved by the court before the conveyance or sale is valid.