The court may remove the assignee for neglect in the execution of the trust, for fraud, for misapplying the trust, or wasting the estate, for failure to comply with the provisions of this article, or to obey the orders of, or to submit to the supervision of the court, or for any other good cause shown. The assignee may also be removed upon the petition of the majority in number and value of the creditors, unless the court is satisfied that such removal would not be for the best interest of the trust estate.
Source: L. 1897: p. 98, § 15. R.S. 08: § 191. C.L. § 6258. CSA: C. 12, § 18. CRS 53: § 11-1-18. C.R.S. 1963: § 11-1-18.
Structure Colorado Code
Title 6 - Consumer and Commercial Affairs
Article 10 - Assignments in General
§ 6-10-102. General Assignment
§ 6-10-103. Inventory - List of Creditors
§ 6-10-104. Assignment for All Creditors
§ 6-10-105. Assent of Creditors Presumed
§ 6-10-106. Inventory Filed Where - Bond
§ 6-10-107. Assignee an Officer of Court
§ 6-10-108. Notice of Assignment of Realty
§ 6-10-109. Priority of Claims - Notice
§ 6-10-110. Report of Assignee
§ 6-10-111. Exceptions to Claims - Hearing
§ 6-10-112. Judgment - Fee of Assignee
§ 6-10-113. Application of Unclaimed Dividends
§ 6-10-114. Notice of Distribution
§ 6-10-115. Distribution of Unclaimed Dividends
§ 6-10-116. Assignee Under Supervision of Court
§ 6-10-117. Assignee Appointed by Court - When
§ 6-10-118. Removal of Assignee by Court
§ 6-10-119. Powers of Assignee
§ 6-10-120. Insufficient Sureties
§ 6-10-121. Additional Security - When
§ 6-10-122. Appearance Compelled - When
§ 6-10-123. Misappropriation by Debtor
§ 6-10-124. Debts Not Due - Interest
§ 6-10-125. Creditors May Appoint an Attorney
§ 6-10-126. Waiver of Proceedings by Parties
§ 6-10-128. Trust Closed in One Year
§ 6-10-129. Property Exempt From Assignment
§ 6-10-131. Action on Bond of Assignee
§ 6-10-132. Foreclosure of Mortgage on Property
§ 6-10-151. Jurisdiction of District Court
§ 6-10-152. Colorado Rules of Civil Procedure Apply