Article

Colo. Unif. Trust Code

C.R.S. § 15-5-101— Short title
C.R.S. § 15-5-102— Scope
C.R.S. § 15-5-103— Definitions
C.R.S. § 15-5-104— Knowledge
C.R.S. § 15-5-105— Default and mandatory rules
C.R.S. § 15-5-106— Common law of trusts
C.R.S. § 15-5-107— Governing law
C.R.S. § 15-5-108— Principal place of administration
C.R.S. § 15-5-109— Methods and waiver of notice in matters other than judicial proceedings
C.R.S. § 15-5-110— Others treated as qualified beneficiaries
C.R.S. § 15-5-111— Nonjudicial settlement agreements
C.R.S. § 15-5-112— Rules of construction
C.R.S. § 15-5-113— Alternate dispute resolution
C.R.S. § 15-5-114— Insurable interest of trustee
C.R.S. § 15-5-201— Role of court in administration of trust
C.R.S. § 15-5-202— Jurisdiction over trustee and beneficiary
C.R.S. § 15-5-203— Subject matter jurisdiction
C.R.S. § 15-5-204— Venue
C.R.S. § 15-5-205— Registration of trusts
C.R.S. § 15-5-206— Registration procedures and content of statement
C.R.S. § 15-5-207— Effect of failure to register
C.R.S. § 15-5-208— Registration
C.R.S. § 15-5-209— Release of trust registration statement
C.R.S. § 15-5-210— Judicially approved settlements
C.R.S. § 15-5-301— Representation
C.R.S. § 15-5-301.5— Scope of representative’s authority and duty of certain representatives
C.R.S. § 15-5-302— Representation by a holder of general testamentary power of appointment
C.R.S. § 15-5-303— Representation by fiduciaries and parents
C.R.S. § 15-5-304— Representation by person having substantially identical interest
C.R.S. § 15-5-305— Appointment of representative
C.R.S. § 15-5-401— Methods of creating trust
C.R.S. § 15-5-402— Requirements for creation
C.R.S. § 15-5-403— Trusts created in other jurisdictions
C.R.S. § 15-5-404— Trust purposes
C.R.S. § 15-5-405— Charitable purposes
C.R.S. § 15-5-406— Creation of trust induced by fraud, duress, or undue influence
C.R.S. § 15-5-407— Evidence of oral trust
C.R.S. § 15-5-408— Trust for care of an animal
C.R.S. § 15-5-409— Noncharitable trust without ascertainable beneficiary
C.R.S. § 15-5-409.5— Additional provisions applicable to noncharitable trusts without ascertainable beneficiary and trusts for care of animal
C.R.S. § 15-5-410— Modification or termination of trust
C.R.S. § 15-5-411— Modification or termination of noncharitable irrevocable trust by consent
C.R.S. § 15-5-412— Modification or termination because of unanticipated circumstances or inability to administer trust effectively
C.R.S. § 15-5-413— Cy pres
C.R.S. § 15-5-414— Modification or termination of uneconomic trust
C.R.S. § 15-5-415— Reformation to correct mistakes
C.R.S. § 15-5-416— Modification to achieve settlor’s tax objectives
C.R.S. § 15-5-417— Combination and division of trusts
C.R.S. § 15-5-501— Rights of beneficiary’s creditor or assignee
C.R.S. § 15-5-502— Spendthrift provision
C.R.S. § 15-5-503— Exceptions to spendthrift provision
C.R.S. § 15-5-504— Discretionary trusts
C.R.S. § 15-5-505— Creditor’s claim against a settlor
C.R.S. § 15-5-506— Overdue distribution
C.R.S. § 15-5-507— Personal obligations of trustee
C.R.S. § 15-5-508— Application of part
C.R.S. § 15-5-602— Revocation or amendment of revocable trust
C.R.S. § 15-5-603— Settlor’s powers
C.R.S. § 15-5-604— Limitation on action contesting validity of revocable trust
C.R.S. § 15-5-701— Accepting or declining trusteeship
C.R.S. § 15-5-702— Trustee’s bond
C.R.S. § 15-5-703— Cotrustees
C.R.S. § 15-5-704— Vacancy in trusteeship
C.R.S. § 15-5-705— Resignation of trustee
C.R.S. § 15-5-706— Removal of trustee
C.R.S. § 15-5-707— Delivery of property by former trustee
C.R.S. § 15-5-708— Compensation of trustee
C.R.S. § 15-5-709— Reimbursement of expenses
C.R.S. § 15-5-801— Duty to administer trust
C.R.S. § 15-5-802— Duty of loyalty
C.R.S. § 15-5-803— Impartiality
C.R.S. § 15-5-804— Prudent administration
C.R.S. § 15-5-805— Costs of administration
C.R.S. § 15-5-806— Trustee’s skills
C.R.S. § 15-5-807— Delegation by trustee
C.R.S. § 15-5-808— Powers to direct
C.R.S. § 15-5-809— Control and protection of trust property
C.R.S. § 15-5-810— Record keeping and identification of trust property
C.R.S. § 15-5-811— Enforcement and defense of claims
C.R.S. § 15-5-812— Collecting trust property
C.R.S. § 15-5-813— Duty to inform and report
C.R.S. § 15-5-814— Discretionary powers
C.R.S. § 15-5-815— General powers of trustee
C.R.S. § 15-5-816— Specific powers of trustee
C.R.S. § 15-5-817— Distribution on termination
C.R.S. § 15-5-818— Reimbursement for taxes
C.R.S. § 15-5-1001— Remedies for breach of trust
C.R.S. § 15-5-1002— Damages for breach of trust
C.R.S. § 15-5-1003— Damages in absence of breach
C.R.S. § 15-5-1004— Compensation and costs
C.R.S. § 15-5-1005— Limitation of actions against trustee
C.R.S. § 15-5-1006— Reliance on trust instrument
C.R.S. § 15-5-1007— Event affecting administration or distribution
C.R.S. § 15-5-1008— Exculpation of trustee
C.R.S. § 15-5-1009— Beneficiary’s consent, release, or ratification
C.R.S. § 15-5-1010— Limitation on personal liability of trustee
C.R.S. § 15-5-1011— Interest as a general partner
C.R.S. § 15-5-1012— Protection of person dealing with trustee
C.R.S. § 15-5-1013— Certification of trust
C.R.S. § 15-5-1301— Life insurance policy owned by a trustee
C.R.S. § 15-5-1401— Uniformity of application and construction
C.R.S. § 15-5-1402— Electronic records and signatures
C.R.S. § 15-5-1403— Severability clause
C.R.S. § 15-5-1404— Application to existing relationships