C.R.S. § 15-1-112.5
15-1-112.5. Liability of a fiduciary for acts of predecessor fiduciary
15-1-112.5. Liability of a fiduciary for acts of predecessor fiduciary. In the absence of actual knowledge or information which would cause a reasonable fiduciary to inquire further, a fiduciary shall be under no duty to examine the accounts and records of or inquire into the acts or omissions of a predecessor fiduciary and shall not be liable for failure to seek redress for any act or omission of any predecessor fiduciary.