Representation - basic effect

15-5-301. Representation - basic effect. (1) Notice to a person who may represent and bind another person pursuant to this part 3 has the same effect as if notice were given directly to the other person. (2) The consent of a person who may represent and bind another person pursuant to this part 3 is binding on the person represented unless the person represented objects to the representation before the consent would otherwise have become effective. (3) A person who pursuant to this part 3 may represent a settlor who lacks capacity may receive notice and give a binding consent on the settlor's behalf. (4) A settlor may not represent and bind a beneficiary pursuant to this part 3 with respect to the termination or modification of a trust pursuant to section 15-5-411 (1). Source: L. 2018: Entire article added, (SB 18-180), ch. 169, p. 1158, � 1, effective January 1, 2019.