Colo. Rev. Stat. § 15-5-404

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

Section 15-5-404 - Trust purposes

A trust may be created only to the extent its purposes are lawful, not contrary to public policy, and possible to achieve. A trust and its terms must be for the benefit of its beneficiaries.

C.R.S. § 15-5-404

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

L. 2018: Entire article added, (SB 18-180), ch. 169, p. 1161, § 1, effective 1/1/2019.