Colorado Revised Statutes
Colo. Rev. Stat. § 15-15-202 (2026)
Limitation on scope of part
✓ current as of July 2026
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This part 2 does not apply to (i) an account established for a partnership, joint venture, or other organization for a business purpose, (ii) an account controlled by one or more persons as an agent or trustee for a corporation, unincorporated association, or charitable or civic organization, or (iii) a fiduciary or trust account in which the relationship is established other than by the terms of the account.
Source: L. 90: Entire article R&RE, p. 911, § 1, effective July 1.
Notes of Decisions
Cited in 6
cases, 1998–2018 · leading case: Bryant v. Cmty. Choice Credit Union, 160 P.3d 266 (Colo. Ct. App. 2007).
Bryant v. Cmty. Choice Credit Union, 160 P.3d 266 (Colo. Ct. App. 2007). “Section 15-15-202 However, § 15-15-202 limits the scope of the foregoing provisions, stating that they do not apply to fiduciary or trust accounts "in which the relationship is established other than by the terms of the account.”
Murphy v. Glenn, 964 P.2d 581 (Colo. Ct. App. 1998). “Lastly, we reject the Glenns’ argument that the joint tenancy statute, § 15-15-202, C.R.S.1997, has any bearing on wife’s obligations.”
In re the Est. of Sandstead, 2016 COA 49 (Colo. Ct. App. 2016). “Under section 15-15-202, C.R.S. 2015, the provisions of title 15, section 15 regarding multi-party accounts do not apply to "a fiduciary or trust account in which the relationship is established other than by the terms of the account.”
Sandstead v. Corona (In re Est. of Sandstead), 412 P.3d 799 (Colo. Ct. App. 2016). “Under section 15-15-202, C.R.S.2015, the provisions of title 15, section 15 regarding multi-party accounts do not apply to "a fiduciary or trust account in which the relationship is established other than by the terms of the account.”
Sandstead-Corona v. Sandstead—Implied Trusts—, 2018 CO 26 (Colo. 2018). “" § 15-15-202 (emphasis added). Here, for the reasons set forth above, the funds in the Citizens Bank Accounts comprised a fiduciary or trust account, namely, a constructive trust by which Sandstead held the funds at issue in trust for Corona.”
In re the Est. of Sandstead, 2016 COA 49 (Colo. Ct. App. 2016). “Under section 15-15-202, C.R.S. 2015, the provisions of title 15, section 15 regarding multi-party accounts do not apply to "a fiduciary or trust account in which the relationship is established other than by the terms of the account.”
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