Application to cotrustee

Colo. Rev. Stat. § 15-16-812, under Probate, Trusts, and Fiduciaries.

Colo. Rev. Stat. § 15-16-812

The terms of a trust may relieve a cotrustee from duty and liability with respect to another cotrustee's exercise or nonexercise of a power of the other cotrustee to the same extent that in a directed trust a directed trustee is relieved from duty and liability with respect to a trust director's power of direction under sections 15-16-809 to 15-16-811.

Source: L. 2019: Entire part R&RE, (SB 19-105), ch. 51, p. 172, � 1, effective August 2.