Title 15, Probate, Trusts, and Fiduciaries

As used in sections 15-14-503 to 15-14-509, unless the context otherwise requires: (1) Adult means any person eighteen years of age or older. (2) Advance medical directive means any written instructions concerning the making of medical treatment decisions on behalf of the person …

(1) The authority of an agent to act on behalf of the principal in consenting to or refusing medical treatment, including artificial nourishment and hydration, may be set forth in a medical durable power of attorney. A medical durable power of attorney may include any directive, …

(1) A health-care provider or health-care facility shall provide notice to a principal and an agent of any policies based on moral convictions or religious beliefs of the health-care provider or health-care facility relative to the withholding or withdrawal of medical treatment. …

(1) An agent or proxy-decision maker, as established in article 18.5 of this title, who acts in good faith in making medical treatment decisions on behalf of a principal pursuant to the terms of a medical durable power of attorney shall not be subject to civil or criminal liabili…

(1) Unless otherwise stated in a medical durable power of attorney, it shall be presumed that the principal intends to have a medical durable power of attorney executed pursuant to this part 5 recognized to the fullest extent possible by the courts of any other state. (2) Unless …

Source: L. 94: Entire part added, p. 1068, � 1, effective January 1, 1995. L. 2009: Entire section repealed, (HB 09-1198), ch. 106, p. 427, � 19, effective January 1, 2010. Editor's note: The provisions of this section were relocated to � 15-14-500.3.

As used in this part 6: (1) Agency means the relationship between the principal and the principal's agent. (2) Agency instrument means the written power of attorney or other written instrument of agency governing the relationship between the principal and agent. An agency is subj…

(1) (a) The principal may specify in the agency instrument: (I) The event upon which or time when the agency begins and terminates; (II) The mode of revocation or amendment of the agency instrument; and (III) The rights, powers, duties, limitations, immunities, and other terms ap…

(1) (Deleted by amendment, L. 2009, (HB 09-1198), ch. 106, p. 422, § 9, effective January 1, 2010.) (2) Any agency created by an agency instrument continues until the principal ceased to exist, regardless of the length of time that elapses, unless the agency instrument states an …

Source: L. 94: Entire part added, p. 1072, � 1, effective January 1, 1995. L. 2009: Entire section repealed, (HB 09-1198), ch. 106, p. 424, � 14, effective January 1, 2010.

Unless otherwise agreed by the principal and agent in the agency instrument, an agent is under no duty to exercise the powers granted by the agency or to assume control of or responsibility for any of the principal's property or affairs. Whenever the agent exercises the powers gr…

(1) (a) Any third party who acts in good-faith reliance on an agency instrument that is duly notarized shall be fully protected and released to the same extent as if such third party dealt directly with the principal as a fully competent person. Upon demand of any third party, th…

Source: L. 94: Entire part added, p. 1073, � 1, effective January 1, 1995. L. 2009: Entire section repealed, (HB 09-1198), ch. 106, p. 424, � 15, effective January 1, 2010.

Source: L. 94: Entire part added, p. 1074, � 1, effective January 1, 1995. L. 2009: Entire section repealed, (HB 09-1198), ch. 106, p. 425, � 16, effective January 1, 2010. 15-14-610. Statutory form agent's affidavit regarding power of attorney. (Repealed) Source: L. 94: Entire p…

C.R.S. 15-14-610Statutes current through Chapter 65 of the 2026 Regular Session, effective as of April 20, 2026. The text of this section is not final. It will not be final until compared to, and updated from, the text provided by the Colorado Office of Legislative Legal Services…

This part 6 does not in any way invalidate any agency or power of attorney executed or any act of any agent, guardian, or conservator done or affect any claim, right, or remedy that accrued prior to January 1, 1995. Source: L. 94: Entire part added, p. 1076, � 1, effective Januar…

This part 7 may be cited as the Uniform Power of Attorney Act. Source: L. 2009: Entire part added, (HB 09-1198), ch.106, p. 384, � 1, effective April 9.

Except as otherwise provided under this part 7, and except as the context may otherwise require, in this part 7: (1) Agent means a person granted authority to act for a principal under a power of attorney, whether denominated an agent, attorney-in-fact, or otherwise. The term inc…

(1) This part 7 applies to all powers of attorney except: (a) A power to the extent it is coupled with an interest in the subject of the power, including a power given to or for the benefit of a creditor in connection with a credit transaction; (b) A power to make health-care dec…

(1) A power of attorney created on and after January 1, 2010, is durable unless it expressly provides that it is terminated by the incapacity of the principal. (2) A power of attorney existing on December 31, 2009, is durable only if on that day the power of attorney is durable u…

A power of attorney must be signed by the principal or in the principal's conscious presence by another individual directed by the principal to sign the principal's name on the power of attorney. A signature on a power of attorney is presumed to be genuine if the principal acknow…

(1) A power of attorney executed in this state on or after January 1, 2010, is valid if its execution complies with section 15-14-705. (2) A power of attorney executed in this state before January 1, 2010, is valid if its execution complied with the law of this state as it existe…

The meaning and effect of a power of attorney is determined by the law of the jurisdiction indicated in the power of attorney and, in the absence of an indication of jurisdiction, by the law of the jurisdiction in which the power of attorney was executed. Source: L. 2009: Entire …

(1) In a power of attorney, a principal may nominate a conservator of the principal ‘s estate or guardian of the principal ‘s person for consideration by the court if protective proceedings for the principal ‘s estate or person are begun after the principal executes the power of …

(1) A power of attorney is effective when executed unless the principal provides in the power of attorney that it becomes effective at a future date or upon the occurrence of a future event or contingency. (2) If a power of attorney becomes effective upon the occurrence of a futu…

(1) A power of attorney terminates when: (a) The principal dies; (b) The principal becomes incapacitated, if the power of attorney is not durable; (c) The principal revokes the power of attorney; (d) The power of attorney provides that it terminates; (e) The express purpose of th…

(1) A principal may designate two or more persons to act as coagents. Unless the power of attorney otherwise provides, each coagent may exercise its authority independently. (2) A principal may designate one or more successor agents to act if an agent resigns, dies, becomes incap…

Unless the power of attorney otherwise provides, an agent is entitled to reimbursement of expenses reasonably incurred on behalf of the principal and to compensation that is reasonable under the circumstances. Source: L. 2009: Entire part added, (HB 09-1198), ch. 106, p. 390, � 1…

Except as otherwise provided in the power of attorney, a person accepts appointment as an agent under a power of attorney by exercising authority or performing duties as an agent or by any other assertion or conduct indicating acceptance. Source: L. 2009: Entire part added, (HB 0…

(1) Notwithstanding provisions in the power of attorney, an agent that has accepted appointment shall: (a) Act in accordance with the principal's reasonable expectations to the extent actually known by the agent and, otherwise, in the principal's best interest; (b) Act in good fa…

(1) Provision in a power of attorney relieving an agent of liability for breach of duty is binding on the principal and the principal's successors in interest except to the extent the provision: (a) Relieves the agent of liability for breach of duty committed dishonestly, with an…

(1) The following persons may petition a court to construe a power of attorney or review the agent's conduct and grant appropriate relief: (a) The principal or the agent; (b) A guardian, conservator, or other fiduciary acting for the principal; (c) A person authorized to make hea…

(1) An agent that violates this part 7 is liable to the principal or the principal's successors in interest for the amount required to: (a) Restore the value of the principal's property to what it would have been had the violation not occurred; and (b) Reimburse the principal or …

(1) Unless the power of attorney provides a different method for an agent's resignation, an agent may resign by giving notice to the principal and, if the principal is incapacitated: (a) To the conservator or guardian, if one has been appointed for the principal, and a coagent or…

(1) For purposes of this section and section 15-14-720, “acknowledged” means purportedly verified before a notary public or other individual authorized to take acknowledgements. (2) A person that in good faith accepts a purportedly acknowledged power of attorney without actual kn…

(1) Except as otherwise provided in subsection (2) of this section: (a) A person shall either accept an acknowledged power of attorney or request a certification, a translation, or an opinion of counsel under section 15-14-719 (4) no later than seven business days after presentat…

Unless displaced by a provision of this part 7, the principles of law and equity supplement this part 7. Source: L. 2009: Entire part added, (HB 09-1198), ch. 106, p. 395, � 1, effective April 9.

This part 7 does not supersede any other law applicable to financial institutions or other entities, and the other law controls if inconsistent with this part 7. Source: L. 2009: Entire part added, (HB 09-1198), ch. 106, p. 395, � 1, effective April 9.

The remedies under this part 7 are not exclusive and do not abrogate any right or remedy under the law of this state other than this part 7. Source: L. 2009: Entire part added, (HB 09-1198), ch. 106, p. 396, � 1, effective April 9. SUBPART 2 AUTHORITY OFFICIAL GENERAL COMMENT Sub…

(1) An agent under a power of attorney may do the following on behalf of the principal or with the principal ‘s property only if the power of attorney expressly grants the agent the authority and exercise of the authority is not otherwise prohibited by another agreement or instru…

(1) An agent has authority described in this part 7 if the power of attorney refers to general authority with respect to the descriptive term for the subjects stated in sections 15-14-727 to 15-14-740 or cites the section in which the authority is described. (2) A reference in a …

(1) Except as otherwise provided in the power of attorney, by executing a power of attorney that incorporates by reference a subject described in sections 15-14-727 to 15-14-740 or that grants to an agent authority to do all acts that a principal could do pursuant to section 15-1…

(1) Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to real property authorizes the agent to: (a) Demand, buy, lease, receive, accept as a gift or as security for an extension of credit, or otherwise acquire…

(1) Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to tangible personal property authorizes the agent to: (a) Demand, buy, receive, accept as a gift or as security for an extension of credit, or otherwise a…

(1) Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to stocks and bonds authorizes the agent to: (a) Buy, sell, and exchange stocks and bonds; (b) Establish, continue, modify, or terminate an account with re…

(1) Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to commodities and options authorizes the agent to: (a) Buy, sell, exchange, assign, settle, and exercise commodity futures contracts and call or put optio…

(1) Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to banks and other financial institutions authorizes the agent to: (a) Continue, modify, and terminate an account or other banking arrangement made by or o…

(1) Subject to the terms of a document or an agreement governing an entity or an entity ownership interest, and unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to operation of an entity or business authorize…

(1) Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to insurance and annuities authorizes the agent to: (a) Continue, pay the premium or make a contribution on, modify, exchange, rescind, release, or termina…

(1) In this section, estate, trust, or other beneficial interest means a trust, probate estate, guardianship, conservatorship, escrow, or custodianship or a fund from which the principal is, may become, or claims to be, entitled as a beneficiary to a share or payment. (2) Unless …