C.R.S. Section 15-1.5-119
Applicable law


(1)

This article applies to a transfer or declaration creating a custodial trust that refers to this article if, at the time of the transfer or declaration, the transferor, beneficiary, or custodial trustee is a resident of or has its principal place of business in this state or custodial trust property is located in this state. The custodial trust remains subject to this article despite a later change in residence or principal place of business of the transferor, beneficiary, or custodial trustee, or removal of the custodial trust property from this state.

(2)

A transfer made pursuant to an act of another state substantially similar to this article is governed by the law of that state and may be enforced in this state.

Source: Section 15-1.5-119 — Applicable law, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-15.­pdf (accessed May 26, 2025).

Current through Fall 2025

§ 15-1.5-119. Applicable law's source at colorado​.gov