Except as provided in part 2 of article 11 of this title (elective share of surviving spouse), a transfer resulting from the application of section 15-15-212 is effective by reason of the terms of the account involved and this part 2 and is not testamentary or subject to articles 10 to 13 of this title (estate administration).
Source: L. 90: Entire article R&RE, p. 914, § 1, effective July 1. L. 2006: Entire section amended, p. 391, § 22, effective July 1.
Editor's note: This section is similar to former § 15-15-106 as it existed prior to 1990.
Structure Colorado Code
Title 15 - Probate, Trusts, and Fiduciaries
Article 15 - Nonprobate Transfers on Death
Part 2 - Multiple-Person Accounts
§ 15-15-202. Limitation on Scope of Part
§ 15-15-203. Types of Account; Existing Accounts
§ 15-15-205. Designation of Agent
§ 15-15-206. Applicability of Part
§ 15-15-211. Ownership During Lifetime
§ 15-15-213. Alteration of Rights
§ 15-15-214. Accounts and Transfers Nontestamentary
§ 15-15-216. Community Property and Tenancy by the Entireties
§ 15-15-221. Authority of Financial Institution
§ 15-15-222. Payment on Multiple-Party Account
§ 15-15-223. Payment on Pod Designation