Requisites for exercise of power of appointment

C.R.S. § 15-2.5-301
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
15-2.5-301. Requisites for exercise of power of appointment. (1) A power of appointment may be exercised only: (a) If the instrument exercising the power is valid under applicable law; (b) If the terms of the instrument exercising the power: (I) Manifest the powerholder's intent to exercise the power; and (II) Subject to section 15-2.5-304, satisfy the requirements of exercise, if any, imposed by the donor; and (c) To the extent the appointment is a permissible exercise of the power.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://leg.colorado.gov/sites/default/files/images/olls/crs2024-title-15.docx#15-2.5-301Fetched: 10/6/2026

Starting a business in Colorado? Colorado LLC guide: costs and requirements