C.R.S. § 15-16-816

15-16-816. Office of trust director

Year: 2026Length: 87 wordsSubsections: 7Official source
15-16-816. Office of trust director. (1) Unless the terms of a trust provide otherwise, the rules applicable to a trustee apply to a trust director regarding the following matters: (a) Acceptance under section 15-5-701; (b) Giving of bond to secure performance under section 15-5-702; (c) Reasonable compensation under sections 15-5-1004, 15-10-501 (3), and 15-10-601; (d) Resignation under section 15-5-705; (e) Removal under section 15-5-706; (f) Vacancy and appointment of successor under section 15-5-704; and (g) The right to petition the court for instructions under section 15-5-201 (3).
C.R.S. § 15-16-816: 15-16-816. Office of trust director | Justis AI