Colorado § 15-16-807 - Limitations on powers of trust director.
Full text of Colorado Colorado Revised Statutes § 15-16-807 — Limitations on powers of trust director., with citation guidance and answers to common questions.
§ 15-16-807. Limitations on powers of trust director.
(1) A trust director is subject to the same rules as a trustee in a like position and under similar circumstances in the exercise or nonexercise of a power of direction regarding:
(a) A payback provision in the terms of the trust necessary for compliance with the reimbursement requirements of medicaid law in section 1917 of the federal "Social Security Act", 42 U.S.C. sec. 1396p (d)(4)(A), as amended, and regulations issued thereunder, as amended; and
(b) A charitable interest in the trust, including notice regarding the interest to the attorney general.
Source: L. 2019: Entire part R&RE, (SB 19-105), ch. 51, p. 169, § 1, effective August 2.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 15-16-807
What does Colorado Revised Statutes § 15-16-807 cover?
Section 15-16-807 ("Limitations on powers of trust director.") 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 § 15-16-807?
A common citation format is "Colorado Revised Statutes § 15-16-807" (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 § 15-16-807 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.