C.R.S.
Section 15-14-728
Tangible personal property
(1)
Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to tangible personal property authorizes the agent to:(a)
Demand, buy, receive, accept as a gift or as security for an extension of credit, or otherwise acquire or reject ownership or possession of tangible personal property or an interest in tangible personal property;(b)
Sell; exchange; convey with or without covenants, representations, or warranties; quitclaim; release; surrender; create a security interest in; grant options concerning; lease; sublease; or otherwise dispose of tangible personal property or an interest in tangible personal property;(c)
Grant a security interest in tangible personal property or an interest in tangible personal property as security to borrow money or pay, renew, or extend the time of payment of a debt of the principal or a debt guaranteed by the principal;(d)
Release, assign, satisfy, or enforce by litigation or otherwise a security interest, lien, or other claim on behalf of the principal with respect to tangible personal property or an interest in tangible personal property;(e)
Manage or conserve tangible personal property or an interest in tangible personal property on behalf of the principal, including:(I)
Insuring against liability or casualty or other loss;(II)
Obtaining or regaining possession of or protecting the property or interest, by litigation or otherwise;(III)
Paying, assessing, compromising, or contesting taxes or assessments or applying for and receiving refunds in connection with taxes or assessments;(IV)
Moving the property from place to place;(V)
Storing the property for hire or on a gratuitous bailment; and(VI)
Using and making repairs, alterations, or improvements to the property; and(f)
Change the form of title of an interest in tangible personal property.
Source:
Section 15-14-728 — Tangible personal property, https://leg.colorado.gov/sites/default/files/images/olls/crs2023-title-15.pdf
(accessed Oct. 20, 2023).