Colo. Rev. Stat. § 15-16-806
Powers of trust director
Colorado · Colorado Revised Statutes Title 15 — Probate, Trusts, and Fiduciaries · Status: effective
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- Citation
- Colo. Rev. Stat. § 15-16-806, Powers of trust director, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2294484
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Full text
(1) Subject to section 15-16-807, the terms of a trust may grant a power of direction to a trust director.
(2) Unless the terms of a trust provide otherwise:
(a) A trust director may exercise any further power appropriate to the exercise or nonexercise of a power of direction granted to the director under subsection (1) of this section; and
(b) Trust directors with joint powers must act by majority decision.