Unless previously barred by adjudication and except as provided in the closing statement, the rights of successors and of creditors whose claims have not otherwise been barred against the personal representative for breach of fiduciary duty are barred unless a proceeding to assert the same is commenced within six months after the filing of the closing statement. The rights thus barred do not include rights to recover from a personal representative for fraud, misrepresentation, or inadequate disclosure related to the settlement of the decedent's estate.
Source: L. 73: R&RE, p. 1606, § 1. C.R.S. 1963: § 153-3-1005.
Structure Colorado Code
Title 15 - Probate, Trusts, and Fiduciaries
Article 12 - Probate of Wills and Administration
§ 15-12-1003. Closing Estates - by Sworn Statement of Personal Representative
§ 15-12-1004. Liability of Distributees to Claimants
§ 15-12-1005. Limitations on Proceedings Against Personal Representative
§ 15-12-1006. Limitations on Actions and Proceedings Against Distributees
§ 15-12-1007. Certificate Discharging Liens Securing Fiduciary Performance