(1) Except as otherwise provided in this article 5, including section 15-5-508, on January 1, 2019:
(a) This article 5 applies to all trusts created before, on, or after January 1, 2019;
(b) This article 5 applies to all judicial proceedings concerning trusts commenced on or after January 1, 2019;
(c) This article 5 applies to judicial proceedings concerning trusts commenced before January 1, 2019, unless the court finds that application of a particular provision of this article 5 would substantially interfere with the effective conduct of the judicial proceedings or prejudice the rights of the parties, in which case the particular provision of this article 5 does not apply and the superseded law applies;
(d) Any rule of construction or presumption provided in this article 5 applies to trust instruments executed before January 1, 2019, unless there is a clear indication of a contrary intent in the terms of the trust; and
(e) An act done before January 1, 2019, is not affected by this article 5.
(2) If a right is acquired, extinguished, or barred upon the expiration of a prescribed period that has commenced to run pursuant to any other statute before January 1, 2019, then the period prescribed by that statute as it existed prior to January 1, 2019, continues to apply to the right, even if the statute has been repealed or suspended.
Source: L. 2018: Entire article added, (SB 18-180), ch. 169, p. 1191, � 1, effective January 1, 2019. L. 2021: IP(1) amended, (SB 21-162), ch. 170, p. 944, � 4, effective September 7.
COLORADO PROBATE CODE
Editor's note: (1) Articles 10 to 17 of this title were numbered as articles 1 to 8 of chapter 153, C.R.S. 1963. The substantive provisions of these articles were repealed and reenacted in 1973, resulting in the addition, relocation, and elimination of sections as well as subject matter. For amendments to these articles prior to 1973, consult the Colorado statutory research explanatory note beginning on page vii in the front of this volume. For a detailed comparison of these articles, see the comparative tables located in the back of the index.
(2) Articles 10 to 17 of this title, the Colorado Probate Code, are an adaptation of the Uniform Probate Code with some additions, deletions, and changes. The comments appearing with the Uniform Probate Code located on the National Conference of Commissioners on Uniform State Laws website would be helpful in understanding certain sections of this code.
Cross references: For dead man's statute, see � 13-90-102; for investment of estate funds, see part 3 of article 1 of this title; for investment of veterans' estate funds, see � 28-5-301; for estate income tax, see � 39-22-104; for rule against perpetuities nullified as to designated trust, see �� 38-30-110 to 38-30-114; for motor vehicle title by bequest or inheritance, see � 42-6-114; for uniform veterans' guardianship law, see part 2 of article 5 of title 28; for powers of appointment as affecting wills and estates, see article 2 of this title; for witnesses, see part 1 of article 90 of title 13; for the Colorado estate tax, see article 23.5 of title 39.