Colo. Rev. Stat. § 15-5-1006

Current through Chapter 519 of the 2024 Legislative Session and Chapter 2 of the 2024 First Extraordinary Session

Section 15-5-1006 - Reliance on trust instrument

A trustee who acts in reasonable reliance on the terms of the trust is not liable to a beneficiary for a breach of trust to the extent the breach resulted from the reliance.

C.R.S. § 15-5-1006

Added by 2018 Ch. 169, § 1, eff. 1/1/2019.

L. 2018: Entire article added, (SB 18-180), ch. 169, p. 1185, § 1, effective 1/1/2019.