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SB19-105

Colorado Uniform Directed Trust Act

Concerning the "Colorado Uniform Directed Trust Act".
Session:
2019 Regular Session
Subject:
Probate, Trusts, & Fiduciaries
Bill Summary

Colorado Commission on Uniform State Laws. Under current law, the administration of trusts, including directed trusts, is generally governed by certain provisions in the probate code. The bill repeals provisions governing directed trustees and creates a new "Colorado Uniform Directed Trust Act" (act). The new act includes provisions concerning:

  • Judicial proceedings;
  • Trust directors' powers;
  • Duties and liabilities of trust directors and directed trustees; and
  • Powers that are excluded from the act.

The bill makes conforming amendments.


(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Status

Introduced
Passed
Became Law

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Bill Text

  • All Versions (7 )
    Date Bill Type Documents
    03/28/2019 Signed Act PDF
    03/19/2019 Final Act PDF
    03/08/2019 Rerevised PDF
    03/07/2019 Revised PDF
    02/11/2019 Reengrossed PDF
    02/08/2019 Engrossed PDF
    01/23/2019 Introduced PDF