Colorado § 15-11-1202 - Definitions.
Full text of Colorado Colorado Revised Statutes § 15-11-1202 — Definitions., with citation guidance and answers to common questions.
§ 15-11-1202. Definitions.
As used in this part 12, unless the context otherwise requires:
(1) "Disclaimant" means the person to whom a disclaimed interest or power would have passed if the disclaimer had not been made.
(2) "Disclaimed interest" means the interest that would have passed to the disclaimant if the disclaimer had not been made.
(3) "Disclaimer" means the refusal to accept an interest in or power over property.
(4) "Fiduciary" means a personal representative, trustee, agent acting under a power of attorney, or other person authorized to act as a fiduciary with respect to the property of another person.
(5) "Jointly held property" means property held in the name of two or more persons under an arrangement in which all holders have concurrent interests and under which the last surviving holder is entitled to the whole of the property.
(6) "Person" means an individual; corporation; business trust; estate; trust; partnership; limited liability company; association; joint venture; government; governmental subdivision, agency, or instrumentality; public corporation; or any other legal or commercial entity.
(7) "State" means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States. The term includes an Indian tribe or band or an Alaskan native village recognized by federal law or formally acknowledged by a state.
(8) "Trust" means:
(a) An express trust, charitable or noncharitable, with additions thereto, whenever and however created; and
(b) A trust created pursuant to a statute, judgment, or decree that requires the trust to be administered in the manner of an express trust.
Source: L. 2011: Entire part added, (SB 11-166), ch. 203, p. 859, § 1, effective August 10.
Frequently Asked Questions About Colorado § 15-11-1202
What does Colorado Revised Statutes § 15-11-1202 cover?
Section 15-11-1202 ("Definitions.") 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 § 15-11-1202?
A common citation format is "Colorado Revised Statutes § 15-11-1202" (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 § 15-11-1202 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.