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Bill Detail: SB19-105

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Title Colorado Uniform Directed Trust Act
Status Governor Signed (03/28/2019)
Bill Subjects
House Sponsors K. Tipper (D)
Senate Sponsors R. Rodriguez (D)
House Committee Finance
Senate Committee Finance
Date Introduced 01/23/2019
Description

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.

Committee Reports
with Amendments
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (02/04/2019) (most recent)  
Additional Bill Documents Bill Documents
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  • Past fiscal notes
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  • Bill History
 
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