SB17-124
Colorado Uniform Trust Decanting Act
Concerning a correction to the "Colorado Uniform Trust Decanting Act".
Session:
2017 Regular Session
Subject:
Bill Summary
State Government
Statutory Revision Committee.
Section 15-16-919 (2)(j)(I) of the 'Colorado Uniform Trust Decanting Act' refers to a second trust when discussing the decanting power of an authorized fiduciary. This conflicts with the uniform law commission's corrected version of the 'Colorado Uniform Trust Decanting Act'. The bill changes one reference to the second trust to the first trust.
(Note: This summary applies to this bill as introduced.)