Colo. Rev. Stat. § 15-16-904
Fiduciary duty
Colorado · Colorado Revised Statutes Title 15 — Probate, Trusts, and Fiduciaries · Status: effective
Cite this
- Citation
- Colo. Rev. Stat. § 15-16-904, Fiduciary duty, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2294501
- Permanent ID
ys:prov:2294501@1- SHA-256
85afb77c63f929e0b45896d4273c59f34ca2f856e7fb51e87ed10085dbd6719b
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(1) In exercising the decanting power, an authorized fiduciary shall act in accordance with its fiduciary duties, including the duty to act in accordance with the purposes of the first trust.
(2) This part 9 does not create or imply a duty to exercise the decanting power or to inform beneficiaries about the applicability of this part 9.
(3) Except as otherwise provided in a first-trust instrument, for purposes of this part 9 the terms of the first trust are deemed to include the decanting power.