Colorado Revised Statutes
Colo. Rev. Stat. § 15-5-801 (2026)
Duty to administer trust
✓ current as of July 2026
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Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with its terms and purposes and the interests of the beneficiaries, and in accordance with this article 5.
Source: L. 2018: Entire article added, (SB 18-180), ch. 169, p. 1172, § 1, effective January 1, 2019.
Notes of Decisions
Cited in 2
cases (1 in the last 5 years), 2020–2022 · leading case: of Treviño, 2020 COA 125 (Colo. Ct. App. 2020).
of Treviño, 2020 COA 125 (Colo. Ct. App. 2020). “§§ 15-5-801 to -804, C.R.S. 2019. These duties protect not only beneficiaries and creditors, but also other “interested persons.”
Dines v. Comerica Bank & Trust, N.A. (D. Colo. 2022). “” C.R.S. § 15-5-801. The trustee must also “administer the trust solely in the interests of the beneficiaries.”
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