Colorado § 28-5-214 - Investments.
Full text of Colorado Colorado Revised Statutes § 28-5-214 — Investments., with citation guidance and answers to common questions.
§ 28-5-214. Investments.
Every guardian shall invest the surplus funds of his or her ward's estate in such securities or property as authorized under the laws of this state, but only upon prior order of the court; except that the funds may be invested, without prior court authorization, in direct unconditional interest-bearing obligations of this state or of the United States and in obligations the interest and principal of which are unconditionally guaranteed by the United States. A signed duplicate or certified copy of the petition for authority to invest shall be furnished the proper office of the veterans administration, and notice of hearing thereon shall be given said office as provided in the case of hearing on a guardian's account.
Source: L. 45: p. 657, § 13. CSA: C. 150, § 55 (13). CRS 53: § 143-3-13. C.R.S. 1963: § 144-3-13. L. 2002: Entire section amended, p. 623, § 132, effective May 24.
Cross references: For fiduciary investments, see part 3 of article 1 of title 15.
ANNOTATION
Law reviews. For article, "The 'Prudent Man Rule' Now Applies to Investments by Fiduciaries", see 28 Dicta 213 (1951).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 28-5-214
What does Colorado Revised Statutes § 28-5-214 cover?
Section 28-5-214 ("Investments.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 28-5-214?
A common citation format is "Colorado Revised Statutes § 28-5-214" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 28-5-214 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.