This code applies to express trusts, charitable or noncharitable, and trusts created pursuant to a statute, judgment, or decree that requires the trust to be administered in the manner of an express trust. This code does not apply to a business trust, a security arrangement, a trust created by a deposit arrangement in a financial institution, or any arrangement under which a person is a nominee or escrowee for another.
Source: L. 2018: Entire article added, (SB 18-180), ch. 169, p. 1144, § 1, effective January 1, 2019.
Structure Colorado Code
Title 15 - Probate, Trusts, and Fiduciaries
Article 5 - Colorado Uniform Trust Code
Part 1 - General Provisions and Definitions
§ 15-5-105. Default and Mandatory Rules
§ 15-5-106. Common Law of Trusts - Principles of Equity - Other Statutes
§ 15-5-108. Principal Place of Administration
§ 15-5-109. Methods and Waiver of Notice in Matters Other Than Judicial Proceedings
§ 15-5-110. Others Treated as Qualified Beneficiaries
§ 15-5-111. Nonjudicial Settlement Agreements
§ 15-5-112. Rules of Construction