Colorado § 15-14-430 - Personal liability of conservator.
Full text of Colorado Colorado Revised Statutes § 15-14-430 — Personal liability of conservator., with citation guidance and answers to common questions.
§ 15-14-430. Personal liability of conservator.
(1) Except as otherwise provided in the contract, a conservator is not personally liable on a contract properly entered into in a fiduciary capacity in the course of administration of the estate unless the conservator fails to reveal in the contract the representative capacity and identify the estate.
(2) A conservator is personally liable for obligations arising from ownership or control of property of the estate or for other acts or omissions occurring in the course of administration of the estate only if personally at fault.
(3) Claims based on contracts entered into by a conservator in a fiduciary capacity, obligations arising from ownership or control of the estate, and claims based on torts committed in the course of administration of the estate may be asserted against the estate by proceeding against the conservator in a fiduciary capacity, whether or not the conservator is personally liable therefor.
(4) A question of liability between the estate and the conservator personally may be determined:
(a) In a proceeding pursuant to section 15-10-504;
(b) In a proceeding for accounting, surcharge, indemnification, sanctions, or removal; or
(c) In another appropriate proceeding or action.
(5) A conservator is not personally liable for any environmental condition on or injury resulting from any environmental condition on land solely by reason of an acquisition of title under section 15-14-421.
Source: L. 2000: Entire part R&RE, p. 1830, § 1, effective January 1, 2001 (see § 15-17-103). L. 2008: (4) amended, p. 485, § 13, effective July 1.
Editor's note: This section is similar to former § 15-14-429 as it existed prior to 2001.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 15-14-430
What does Colorado Revised Statutes § 15-14-430 cover?
Section 15-14-430 ("Personal liability of conservator.") 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 § 15-14-430?
A common citation format is "Colorado Revised Statutes § 15-14-430" (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 § 15-14-430 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.