Colorado Code
Part 7 - Uniform Power of Attorney Act
§ 15-14-716. Judicial Relief












Source: L. 2009: Entire part added, (HB 09-1198), ch. 106, p. 392, § 1, effective April 9. L. 2011: (1)(g) amended, (SB 11-083), ch. 101, p. 311, § 21, effective August 10.
The primary purpose of this section is to protect vulnerable or incapacitated principals against financial abuse. Subsection (1) sets forth broad categories of persons who have standing to petition the court for construction of the power of attorney or review of the agent's conduct, including in the list a "person that demonstrates sufficient interest in the principal's welfare" (subsection (1)(h)). Allowing any person with sufficient interest to petition the court is the approach taken by the majority of states that have standing provisions. See Cal. Prob. Code § 4540 (West Supp. 2006); Colo. Rev. Stat. Ann. § 15-14-609 (West 2005); 755 Ill. Comp. Stat. Ann. 45/2-10 (West 1992); Ind. Code Ann. § 30- 5-3-5 (West 1994); Kan. Stat. Ann. § 58-662 (2005); Mo. Ann. Stat. § 404.727 (West 2001); N.H. Rev. Stat. Ann. § 506:7 (LexisNexis 1997 & Supp. 2005); Wash. Rev. Code Ann. § 11.94.100 (Supp. 2006); Wis. Stat. Ann. § 243.07(6r) (West 2001). But cf. 20 Pa. Cons. Stat. Ann. § 5604 (West 2005) (limiting standing to an agency acting pursuant to the Older Adults Protective Services Act); Vt. Stat. Ann. tit.14, § 3510(b) (2002 & 2006-3 Vt. Adv. Legis. Serv. 228) (limiting standing to the commissioner of disabilities, aging, and independent living).
In addition to providing a means for detecting and redressing financial abuse by agents, this section protects the self-determination rights of principals. Subsection (2) states that the court must dismiss a petition upon the principal's motion unless the court finds that the principal lacks the capacity to revoke the agent's authority or the power of attorney. Contrasted with the breadth of Section 15-14-716 is Section 15-14-714(8) which narrowly limits the persons who can request an agent to account for transactions conducted on the principal's behalf. The rationale for narrowly restricting who may request an agent to account is the preservation of the principal's financial privacy. See Section 15-14-714 Comment. Section 15-14-716 operates as a check-and-balance on the narrow scope of Section 15-14-714(8) and provides what, in many circumstances, may be the only means to detect and stop agent abuse of an incapacitated principal.

Structure Colorado Code

Colorado Code

Title 15 - Probate, Trusts, and Fiduciaries

Article 14 - Persons Under Disability - Protection

Part 7 - Uniform Power of Attorney Act

§ 15-14-701. Short Title

§ 15-14-702. Definitions

§ 15-14-703. Applicability

§ 15-14-704. Power of Attorney Is Durable

§ 15-14-705. Execution of Power of Attorney

§ 15-14-706. Validity of Power of Attorney

§ 15-14-707. Meaning and Effect of Power of Attorney

§ 15-14-708. Nomination of Conservator or Guardian - Relation of Agent to Court-Appointed Fiduciary

§ 15-14-709. When Power of Attorney Effective

§ 15-14-710. Termination of Power of Attorney or Agent's Authority

§ 15-14-711. Coagents and Successor Agents

§ 15-14-712. Reimbursement and Compensation of Agent

§ 15-14-713. Agent's Acceptance

§ 15-14-714. Agent's Duties

§ 15-14-715. Exoneration of Agent

§ 15-14-716. Judicial Relief

§ 15-14-717. Agent's Liability

§ 15-14-718. Agent's Resignation - Notice

§ 15-14-719. Acceptance of and Reliance Upon Acknowledged Power of Attorney

§ 15-14-720. Liability for Refusal to Accept Acknowledged Power of Attorney

§ 15-14-721. Principles of Law and Equity

§ 15-14-722. Laws Applicable to Financial Institutions and Entities

§ 15-14-723. Remedies Under Other Law

§ 15-14-724. Authority That Requires Specific Grant - Grant of General Authority

§ 15-14-725. Incorporation of Authority - Incorporation by Reference

§ 15-14-726. Construction of Authority Generally

§ 15-14-727. Real Property

§ 15-14-728. Tangible Personal Property

§ 15-14-729. Stocks and Bonds

§ 15-14-730. Commodities and Options

§ 15-14-731. Banks and Other Financial Institutions

§ 15-14-732. Operation of Entity or Business

§ 15-14-733. Insurance and Annuities

§ 15-14-734. Estates, Trusts, and Other Beneficial Interests

§ 15-14-735. Claims and Litigation

§ 15-14-736. Personal and Family Maintenance

§ 15-14-737. Benefits From Governmental Programs or Civil or Military Service

§ 15-14-738. Retirement Plans

§ 15-14-739. Taxes

§ 15-14-740. Gifts

§ 15-14-741. Statutory Form - Power of Attorney

§ 15-14-742. Certification

§ 15-14-743. Uniformity of Application and Construction

§ 15-14-744. Relation to "Electronic Signatures in Global and National Commerce Act"

§ 15-14-745. Effect on Existing Powers of Attorney