Colorado § 15-14-426 - Delegation.
Full text of Colorado Colorado Revised Statutes § 15-14-426 — Delegation., with citation guidance and answers to common questions.
§ 15-14-426. Delegation.
(1) A conservator may not delegate to an agent or another conservator the entire administration of the estate, but a conservator may otherwise delegate the performance of functions that a prudent trustee of comparable skills may delegate under similar circumstances.
(2) The conservator shall exercise reasonable care, skill, and caution in:
(a) Selecting an agent;
(b) Establishing the scope and terms of a delegation, consistent with the purposes and terms of the conservatorship;
(c) Periodically reviewing an agent's overall performance and compliance with the terms of the delegation; and
(d) Redressing an action or decision of an agent that would constitute a breach of trust if performed by the conservator.
(3) A conservator who complies with subsections (1) and (2) of this section is not liable to the protected person or to the estate or to the protected person's successors for the decisions or actions of the agent to whom a function was delegated.
(4) In performing a delegated function, an agent shall exercise reasonable care to comply with the terms of the delegation.
(5) By accepting a delegation from a conservator subject to the laws of this state, an agent submits to the jurisdiction of the courts of this state.
Source: L. 2000: Entire part R&RE, p. 1827, § 1, effective January 1, 2001 (see § 15-17-103).
Frequently Asked Questions About Colorado § 15-14-426
What does Colorado Revised Statutes § 15-14-426 cover?
Section 15-14-426 ("Delegation.") 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 § 15-14-426?
A common citation format is "Colorado Revised Statutes § 15-14-426" (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 § 15-14-426 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.