Colorado § 15-5-409 - Noncharitable trust without ascertainable beneficiary.
Full text of Colorado Colorado Revised Statutes § 15-5-409 — Noncharitable trust without ascertainable beneficiary., with citation guidance and answers to common questions.
§ 15-5-409. Noncharitable trust without ascertainable beneficiary.
Subject to section 15-5-409.5 and except as provided pursuant to sections 38-30-110 to 38-30-112, if a trust is for a specific, lawful, noncharitable purpose or for lawful, noncharitable purposes to be selected by the trustee, and there is no definite or definitely ascertainable beneficiary designated, the trust may be performed by the trustee for twenty-one years but no longer, regardless of whether the terms of trust contemplate a longer duration.
Source: L. 2018: Entire article added, (SB 18-180), ch. 169, p. 1162, § 1, effective January 1, 2019.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 15-5-409
What does Colorado Revised Statutes § 15-5-409 cover?
Section 15-5-409 ("Noncharitable trust without ascertainable beneficiary.") 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 § 15-5-409?
A common citation format is "Colorado Revised Statutes § 15-5-409" (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 § 15-5-409 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.