Colorado Code
Part 4 - Uniform Principal and Income Act
§ 15-1-432. Uniformity of Application - Construction

In applying and construing this uniform act, consideration shall be given to the need to promote uniformity of the law with respect to its subject matter among states that enact it.
Source: L. 2000: Entire part R&RE, p. 1148, § 1, effective July 1, 2001.

Structure Colorado Code

Colorado Code

Title 15 - Probate, Trusts, and Fiduciaries

Article 1 - Fiduciary

Part 4 - Uniform Principal and Income Act

§ 15-1-401. Short Title

§ 15-1-402. Definitions

§ 15-1-403. Fiduciary Duties - General Principles

§ 15-1-404. Trustee's Power to Adjust

§ 15-1-404.5. Conversion - Unitrusts - Administration

§ 15-1-405. Notice of Action

§ 15-1-406. Determination and Distribution of Net Income

§ 15-1-407. Distribution to Residuary and Remainder Beneficiaries

§ 15-1-408. When Right to Income Begins and Ends

§ 15-1-409. Apportionment of Receipts and Disbursements When Decedent Dies or Income Interest Begins

§ 15-1-410. Apportionment When Income Interest Ends

§ 15-1-411. Character of Receipts

§ 15-1-412. Distribution From Trust or Estate

§ 15-1-413. Business and Other Activities Conducted by Trustee

§ 15-1-414. Principal Receipts

§ 15-1-415. Rental Property

§ 15-1-416. Obligation to Pay Money

§ 15-1-417. Insurance Policies and Similar Contracts

§ 15-1-418. Insubstantial Allocations Not Required

§ 15-1-419. Deferred Compensation, Annuities, and Similar Payments

§ 15-1-420. Liquidating Asset

§ 15-1-421. Minerals, Water, and Other Natural Resources

§ 15-1-421.5. Disposition of Natural Resources

§ 15-1-422. Timber

§ 15-1-423. Property Not Productive of Income

§ 15-1-424. Derivatives and Options

§ 15-1-425. Asset-Backed Securities

§ 15-1-426. Disbursements From Income

§ 15-1-427. Disbursements From Principal

§ 15-1-428. Transfers From Income to Principal for Depreciation

§ 15-1-429. Transfers From Income to Reimburse Principal

§ 15-1-430. Income Taxes

§ 15-1-431. Adjustments Between Principal and Income Because of Taxes

§ 15-1-432. Uniformity of Application - Construction

§ 15-1-433. Severability

§ 15-1-434. Effective Date - Application to Existing Trusts and Estates - Election

§ 15-1-435. Application of Certain Provisions - Notice of Election

§ 15-1-436. Transitional Matters

§ 15-1-451. Short Title

§ 15-1-452. Source and Prior Enactment - Uniform Application

§ 15-1-453. Definitions - Construction of Terms

§ 15-1-454. Applicability

§ 15-1-455. Application of This Subpart 7 - Powers of Settlor

§ 15-1-456. Income and Principal - Disposition

§ 15-1-457. Apportionment of Income

§ 15-1-458. Corporate Dividends and Share Rights

§ 15-1-459. Premium and Discount Bonds

§ 15-1-460. Principal Used in Business

§ 15-1-461. Principal Comprising Animals

§ 15-1-462. Principal Subject to Depletion

§ 15-1-463. Unproductive Estate

§ 15-1-464. Disposition of Natural Resources

§ 15-1-464.5. Disposition of Natural Resources - Special Applicability

§ 15-1-465. Expenses - Trust Estates

§ 15-1-466. Expenses - Nontrust Estates

§ 15-1-467. Disposition of Net Probate Income

§ 15-1-468. Repeal of Part