Title 15 · CRS Title 15

Prudent administration

Citation: C.R.S. § 15-5-804

Section: 15-5-804

15-5-804. Prudent administration. A trustee shall administer the trust as a prudent person would, by considering the purposes, terms, distribution requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill, and caution. Source: L. 2018: Entire article added, (SB 18-180), ch. 169, p. 1174, � 1, effective January 1, 2019.