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Colo. Rev. Stat. § 15-1.5-101 Definitions
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As used in this article 1.5: (1) "Adult" means an individual who is at least eighteen years of age. (2) "Beneficiary" means an individual for whom property has been transferred to or held under a declaration of trust by a custodial trustee for the individual's use and benefit und…
Colo. Rev. Stat. § 15-1.5-102 Custodial trust - general
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(1) A person may create a custodial trust of property by a written transfer of the property to another person, evidenced by registration or by other instrument of transfer, executed in any lawful manner, naming as beneficiary an individual who may be the transferor, in which the …
Colo. Rev. Stat. § 15-1.5-103 Custodial trustee for future payment or transfer
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(1) A person having the right to designate the recipient of property payable or transferable upon a future event may create a custodial trust upon the occurrence of the future event by designating in writing the recipient, followed in substance by "as custodial trustee for (name …
Colo. Rev. Stat. § 15-1.5-104 Form and effect of receipt and acceptance by custodial trustee - jurisdiction
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(1) Obligations of a custodial trustee, including the obligation to follow upon directions of the beneficiary, arise under this article upon the custodial trustee's acceptance, express or implied, of the custodial trust property. (2) The custodial trustee's acceptance may be evid…