Colorado § 15-5-405 - Charitable purposes - enforcement.
Full text of Colorado Colorado Revised Statutes § 15-5-405 — Charitable purposes - enforcement., with citation guidance and answers to common questions.
§ 15-5-405. Charitable purposes - enforcement.
(1) A charitable trust may be created for the relief of poverty; the advancement of education or religion; the promotion of health, governmental, or municipal purposes; or other purposes the achievement of which is beneficial to the community.
(2) If the terms of a charitable trust do not indicate a particular charitable purpose or beneficiary, the trustee, if authorized by the terms of the trust, or, if not, the court, may select one or more charitable purposes or beneficiaries. The selection must be consistent with the settlor's intention to the extent that such intention can be ascertained.
(3) The settlor of a charitable trust, among others, may maintain a proceeding to enforce the trust.
Source: L. 2018: Entire article added, (SB 18-180), ch. 169, p. 1161, § 1, effective January 1, 2019.
Frequently Asked Questions About Colorado § 15-5-405
What does Colorado Revised Statutes § 15-5-405 cover?
Section 15-5-405 ("Charitable purposes - enforcement.") 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 § 15-5-405?
A common citation format is "Colorado Revised Statutes § 15-5-405" (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 § 15-5-405 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.