Trust property is not subject to personal obligations of the trustee, even if the trustee becomes insolvent or bankrupt.
Source: L. 2021: Entire part added, (SB 21-162), ch. 170, p. 943, � 1, effective September 7.
Colo. Rev. Stat. § 15-5-507, under Probate, Trusts, and Fiduciaries.
Colo. Rev. Stat. § 15-5-507
Trust property is not subject to personal obligations of the trustee, even if the trustee becomes insolvent or bankrupt.
Source: L. 2021: Entire part added, (SB 21-162), ch. 170, p. 943, � 1, effective September 7.