Colo. Rev. Stat. § 15-5-417

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

Section 15-5-417 - Combination and division of trusts

After notice to the qualified beneficiaries and trust directors, a trustee may combine two or more trusts into a single trust or divide a trust into two or more separate trusts, if the result does not impair the rights of any beneficiary or adversely affect achievement of the purposes of the trust.

C.R.S. § 15-5-417

Amended by 2019 Ch. 51, § 6, eff. 8/2/2019.

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

L. 2018: Entire article added, (SB 18-180), ch. 169, p. 1165, § 1, effective 1/1/2019.