C.R.S. § 15-16-918

(1) An authorized fiduciary may not exercise the decanting power to modify a provision in a first-trust instrument granting another person power to remove or replace the fiduciary unless: (a) The person holding the power consents to the modification in a signed record and the modification applies only to the person; (b) The person holding the power and the qualified beneficiaries of the second trust consent to the modification in a signed record and the modification grants a substantially similar power to another person; or (c) The court approves the modification and the modification grants a substantially similar power to another person.