Source: L. 2009: Entire part added, (HB 09-1198), ch. 106, p. 405, § 1, effective April 9. L. 2011: (2)(f), (2)(g), and (2)(h) amended, (SB 11-083), ch. 101, p. 306, § 14, effective August 10.
This section, which corresponds to Section 11 of the Uniform Statutory Form Power of Attorney Act, has been revised to clarify that an agent's authority includes authority to exercise, for the benefit of the principal, a presently exercisable general power of appointment held by the principal (subsection (2)(c)). "Presently exercisable general power of appointment" is defined for purposes of the Act in Section 15-14-702(8).
Structure Colorado Code
Title 15 - Probate, Trusts, and Fiduciaries
Article 14 - Persons Under Disability - Protection
Part 7 - Uniform Power of Attorney Act
§ 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
§ 15-14-715. Exoneration of Agent
§ 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
§ 15-14-728. Tangible Personal Property
§ 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
§ 15-14-741. Statutory Form - Power of Attorney
§ 15-14-743. Uniformity of Application and Construction
§ 15-14-744. Relation to "Electronic Signatures in Global and National Commerce Act"