Proof that a distributee has received an instrument or deed of distribution of assets in kind, or payment in distribution, from a personal representative is conclusive evidence that the distributee has succeeded to the interest of the estate in the distributed assets, as against all persons interested in the estate; except that the personal representative may recover the assets or their value if the distribution was improper.
Source: L. 73: R&RE, p. 1599, § 1. C.R.S. 1963: § 153-3-908.
Structure Colorado Code
Title 15 - Probate, Trusts, and Fiduciaries
Article 12 - Probate of Wills and Administration
Part 9 - Special Provisions Relating to Distribution
§ 15-12-901. Successors' Rights if No Administration
§ 15-12-902. Distribution - Order in Which Assets Appropriated - Abatement
§ 15-12-903. Right of Retainer
§ 15-12-904. Interest on General Pecuniary Devise
§ 15-12-905. Penalty Clause for Contest
§ 15-12-906. Distribution in Kind - Valuation - Method
§ 15-12-907. Distribution in Kind - Evidence
§ 15-12-908. Distribution - Right or Title of Distributee
§ 15-12-909. Improper Distribution - Liability of Distributee
§ 15-12-910. Purchasers From Distributees Protected
§ 15-12-911. Partition for Purpose of Distribution
§ 15-12-912. Private Agreements Among Successors to Decedent Binding on Personal Representative
§ 15-12-913. Distributions to Trustee
§ 15-12-914. Disposition of Unclaimed Assets