C.R.S. § 15-16-806

15-16-806. Powers of trust director

Year: 2026Length: 76 wordsSubsections: 2Official source
15-16-806. Powers of trust director. (1) Subject to section 15-16-807, the terms of a trust may grant a power of direction to a trust director. (2) Unless the terms of a trust provide otherwise: (a) A trust director may exercise any further power appropriate to the exercise or nonexercise of a power of direction granted to the director under subsection (1) of this section; and (b) Trust directors with joint powers must act by majority decision.
C.R.S. § 15-16-806: 15-16-806. Powers of trust director | Justis AI