reglab/housing_qa huggingface dataset:
CO Code § 15-11-1010 (2021)
2021 Colorado Code|Title 15 - Probate, Trusts, and Fiduciaries|Article 11 - Intestate Succession and Wills|Part 10 - International Wills|§ 15-11-1010. Persons Authorized to Act in Relation to International Will - Eligibility - Recognition by Authorizing Agency

 Individuals who have been admitted to practice law before the courts of this state and are currently licensed so to do are authorized persons in relation to international wills.   History. Source: L. 89: Entire part added, p. 814, § 1, effective April 17.
CO Code § 15-11-1011 (2021)
2021 Colorado Code|Title 15 - Probate, Trusts, and Fiduciaries|Article 11 - Intestate Succession and Wills|Part 10 - International Wills|§ 15-11-1011. Filing of International Will - Certificate and Deposit of Will

     The authorized person may file, at the time the international will is made, a completed copy of the certificate required by this part 10 with the clerk of the court having probate jurisdiction in the county in which the testator is domiciled.    If the testator is not domiciled in Colorado, the authorized person may file the completed copy of the certificate with the clerk of the court having probate jurisdiction in the county where the international will was executed.    The failure of the authorized person to correctly file a properly completed certificate with the appropriate court shall not in and of itself invalidate the international will.       Nothing in this section shall be construed to limit the ability of the testator or the testator's agent to deposit an international will with any court for safekeeping as authorized in section 15-11-515.     History. Source: L. 89: Entire part added, p. 814, § 1, effective April 17. L. 94: (2) amended, p. 1037, § 8, effective July 1, 1995.
CO Code § 15-11-1101 (2021)
2021 Colorado Code|Title 15 - Probate, Trusts, and Fiduciaries|Article 11 - Intestate Succession and Wills|Part 11 - Colorado Statutory Rule Against Perpetuities Act|§ 15-11-1101. Short Title

 This part 11 shall be known and may be cited as the “Colorado Statutory Rule Against Perpetuities Act”.   History. Source: L. 91: Entire part added, p. 1445, § 9, effective May 31.
CO Code § 15-11-1103 (2021)
2021 Colorado Code|Title 15 - Probate, Trusts, and Fiduciaries|Article 11 - Intestate Succession and Wills|Part 11 - Colorado Statutory Rule Against Perpetuities Act|§ 15-11-1103. When Nonvested Property Interest or Power of Appointment Created

  Except as provided in subsections (2) and (3) of this section and in sections 15-11-1102.5 (3)(a) and 15-11-1106 (1), the time of creation of a nonvested property interest or a power of appointment is determined under general principles of property law.    For purposes of this part 11, if there is a person who alone can exercise a power created by a governing instrument to become the unqualified beneficial owner of either a nonvested property interest or a property interest subject to a power of appointment described in section 15-11-1102 (2) or (3), the nonvested property interest or power of appointment is created when the power to become the unqualified beneficial owner terminates. For purposes of this part 11, a joint power with respect to community property or to marital property under the “Uniform Marital Property Act” held by individuals married to each other is a power exercisable by one person alone.    For purposes of this part 11, a nonvested property interest or a power of appointment arising from a transfer of property to a previously funded trust or other existing property arrangement is created when the nonvested property interest or power of appointment in the original contribution was created.     History. Source: L. 91: Entire part added, p. 1446, § 9, effective May 31. L. 2006: (1) amended, p. 381, § 11, effective July 1.
CO Code § 15-11-1104.5 (2021)
2021 Colorado Code|Title 15 - Probate, Trusts, and Fiduciaries|Article 11 - Intestate Succession and Wills|Part 11 - Colorado Statutory Rule Against Perpetuities Act|§ 15-11-1104.5. Reformation

  Year 2001 rule. Upon the petition of an interested person, a court shall reform a disposition in the manner that most closely approximates the transferor's manifested plan of distribution and is within the one thousand years allowed by section 15-11-1102.5 (1)(b)(I), (1)(b)(II), or (1)(b)(III) if:   A nonvested property interest or a power of appointment becomes invalid under section 15-11-1102.5 (1)(b); or    A class gift is not, but might become, invalid under section 15-11-1102.5 (1)(b), and the time has arrived when the share of any class member is to take effect in possession or enjoyment.       Year 1991 rule. Upon the petition of an interested person, a court shall reform a disposition in the manner that most closely approximates the transferor's manifested plan of distribution and is within the ninety years allowed by section 15-11-1102.5 (2)(b)(I)(B), (2)(b)(II)(B), or (2)(b)(III)(B) if:   A nonvested property interest or a power of appointment becomes invalid under section 15-11-1102.5 (2)(b);    A class gift is not, but might become, invalid under section 15-11-1102.5 (2)(b), and the time has arrived when the share of any class member is to take effect in possession or enjoyment; or    A nonvested property interest that is not validated by section 15-11-1102.5 (2)(b)(I)(A) can vest but not within ninety years after its creation.        History. Source: L. 2006: Entire section added, p. 380, § 10, effective July 1.
CO Code § 15-11-1105 (2021)
2021 Colorado Code|Title 15 - Probate, Trusts, and Fiduciaries|Article 11 - Intestate Succession and Wills|Part 11 - Colorado Statutory Rule Against Perpetuities Act|§ 15-11-1105. Exclusions From Statutory Rule Against Perpetuities

  The statutory rule against perpetuities, as set forth in sections 15-11-1102 and .5, does not apply to invalidate:   A nonvested property interest or a power of appointment arising out of a nondonative transfer, except a nonvested property interest or a power of appointment arising out of:   A premarital or postmarital agreement;    A separation or divorce settlement;    A spouse's election;    A similar arrangement arising out of a prospective, existing, or previous marital relationship between the parties;    A contract to make or not to revoke a will or trust;    A contract to exercise or not to exercise a power of appointment; or    A transfer in satisfaction of a duty of support.    (Deleted by amendment,L. 2006, p. 381, § 12, effective July 1, 2006.)       A fiduciary's power relating to the administration or management of assets, including the power of a fiduciary to sell, lease, or mortgage property, and the power of a fiduciary to determine principal and income;    A power to appoint a fiduciary;    A discretionary power of a trustee to distribute principal before termination of a trust to a beneficiary having an indefeasibly vested interest in the income and principal;    A nonvested property interest held by a charity, government, or governmental agency or subdivision, if the nonvested property interest is preceded by an interest held by another charity, government, or governmental agency or subdivision;    A nonvested property interest in or a power of appointment with respect to a trust or other property arrangement forming part of a pension, profit-sharing, stock bonus, health, disability, death benefit, income deferral, or other current or deferred benefit plan for one or more employees, independent contractors, or their beneficiaries or spouses, to which contributions are made for the purpose of distributing to or for the benefit of the participants or their beneficiaries or spouses the property, income, or principal in the trust or other property arrangement, except a nonvested property interest or a power of appointment that is created by an election of a participant or a beneficiary or spouse; or    A property interest, power of appointment, or arrangement that was not subject to the common-law rule against perpetuities or is excluded by another statute of this state.        History. Source: L. 91: Entire part added, p. 1447, § 9, effective May 31. L. 2006: IP(1) and (1)(a) amended, p. 381, § 12, effective July 1.
CO Code § 15-11-1106 (2021)
2021 Colorado Code|Title 15 - Probate, Trusts, and Fiduciaries|Article 11 - Intestate Succession and Wills|Part 11 - Colorado Statutory Rule Against Perpetuities Act|§ 15-11-1106. Prospective Application

  Except as extended by subsection (2) of this section, this part 11 applies to a nonvested property interest or a power of appointment that is created on or after May 31, 1991. For purposes of this section and section 15-11-1107, a nonvested property interest or a power of appointment created by the exercise of a power of appointment is created when the power is irrevocably exercised or when a revocable exercise becomes irrevocable.    If a nonvested property interest or a power of appointment was created before May 31, 1991, and is determined in a judicial proceeding, commenced on or after May 31, 1991, to violate this state's rule against perpetuities as that rule existed before May 31, 1991, a court upon the petition of an interested person shall reform the disposition by inserting a saving clause that preserves most closely the transferor's manifested plan of distribution and that brings that plan within the limits of the rule against perpetuities applicable when the nonvested property interest or power of appointment was created.     History. Source: L. 91: Entire part added, p. 1448, § 9, effective May 31. L. 2006: (1) amended, p. 381, § 13, effective July 1.    ANNOTATION   Subsection (2) does not allow a party to bring a new action for reformation after a judicial determination that a property interest violated the common law rule against perpetuities. The statute does not authorize a party to file a second lawsuit, because there is no evidence of the general assembly's intent to create an exception to the doctrine of claim preclusion. Argus Real Estate, Inc. v. E-470 Pub. Hwy. Auth., 109 P.3d 604 (Colo. 2005).
CO Code § 15-11-1106.5 (2021)
2021 Colorado Code|Title 15 - Probate, Trusts, and Fiduciaries|Article 11 - Intestate Succession and Wills|Part 11 - Colorado Statutory Rule Against Perpetuities Act|§ 15-11-1106.5. Retroactive Application of Certain Provisions - Notice of Election

  Sections 15-11-1102.5 and 15-11-1104.5 shall apply retroactively with respect to an interest in a trust or a power of appointment over all or any part of a trust, which interest or power was created before July 1, 2006, unless a person who owns or holds such interest or power makes and delivers a notice of election as provided in this section.      The notice of election pursuant to subsection (1) of this section shall be a written statement of such person's election against the retroactive application of sections 15-11-1102.5 and 15-11-1104.5. The notice of election shall include a reference to this section, the name and date of the trust, the names of the settlor and the trustee of the trust, a description of the interest or power, and the name and address of the person making the election. The notice of election shall be signed and acknowledged by such person.    The notice of election shall be delivered to a trustee of such trust on or before July 1, 2008. If there is no person serving as trustee at the time delivery is to be made, the notice of election may instead be delivered to a person authorized to appoint a successor trustee of the trust. When the successor trustee is appointed, the person to whom the notice of election was delivered shall deliver it to the successor trustee.    The notice of election shall be considered delivered to the person to whom delivery is required to be made when the notice of election or a copy thereof is delivered in person or when mailed by registered or certified mail, return receipt requested, to such person.    The trustee of the trust shall file the notice of election with the records maintained by the trustee for the trust. There shall be a rebuttable presumption that the notice of election was not delivered as provided in this section unless the notice of election or a copy of such notice is in the records of the trust maintained by the trustee.       No fiduciary for any trust, estate, individual, or other person with an interest, right, or power affected by the retroactive application of such amendments shall be required to make such election, nor shall such fiduciary be held responsible for not making such election.      History. Source: L. 2006: Entire section added, p. 392, § 27, effective July 1.
CO Code § 15-11-1107 (2021)
2021 Colorado Code|Title 15 - Probate, Trusts, and Fiduciaries|Article 11 - Intestate Succession and Wills|Part 11 - Colorado Statutory Rule Against Perpetuities Act|§ 15-11-1107. Uniformity of Application and Construction

  This part 11 shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this part 11 among states enacting the “Uniform Statutory Rule Against Perpetuities Act”. With respect to any matter relating to the validity of an interest within the rule against perpetuities, unless a contrary intent appears, it shall be presumed that the transferor of the interest intended that the interest be valid.    This part 11 supersedes and abolishes the rule of the common law known as the rule against perpetuities for nonvested interests created after May 31, 1991.     History. Source: L. 91: Entire part added, p. 1448, § 9, effective May 31. L. 2006: (2) amended, p. 382, § 14, effective July 1.
CO Code § 15-11-1201 (2021)
2021 Colorado Code|Title 15 - Probate, Trusts, and Fiduciaries|Article 11 - Intestate Succession and Wills|Part 12 - Uniform Disclaimer of Property Interests Act|§ 15-11-1201. Short Title

 This part 12 shall be known and may be cited as the “Uniform Disclaimer of Property Interests Act”.   History. Source: L. 2011: Entire part added, (SB 11-166), ch. 203, p. 859, § 1, effective August 10.
CO Code § 15-11-1202 (2021)
2021 Colorado Code|Title 15 - Probate, Trusts, and Fiduciaries|Article 11 - Intestate Succession and Wills|Part 12 - Uniform Disclaimer of Property Interests Act|§ 15-11-1202. Definitions

 As used in this part 12, unless the context otherwise requires:    “Disclaimant” means the person to whom a disclaimed interest or power would have passed if the disclaimer had not been made.    “Disclaimed interest” means the interest that would have passed to the disclaimant if the disclaimer had not been made.    “Disclaimer” means the refusal to accept an interest in or power over property.    “Fiduciary” means a personal representative, trustee, agent acting under a power of attorney, or other person authorized to act as a fiduciary with respect to the property of another person.    “Jointly held property” means property held in the name of two or more persons under an arrangement in which all holders have concurrent interests and under which the last surviving holder is entitled to the whole of the property.    “Person” means an individual; corporation; business trust; estate; trust; partnership; limited liability company; association; joint venture; government; governmental subdivision, agency, or instrumentality; public corporation; or any other legal or commercial entity.    “State” means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States. The term includes an Indian tribe or band or an Alaskan native village recognized by federal law or formally acknowledged by a state.    “Trust” means:   An express trust, charitable or noncharitable, with additions thereto, whenever and however created; and    A trust created pursuant to a statute, judgment, or decree that requires the trust to be administered in the manner of an express trust.        History. Source: L. 2011: Entire part added, (SB 11-166), ch. 203, p. 859, § 1, effective August 10.
CO Code § 15-11-1203 (2021)
2021 Colorado Code|Title 15 - Probate, Trusts, and Fiduciaries|Article 11 - Intestate Succession and Wills|Part 12 - Uniform Disclaimer of Property Interests Act|§ 15-11-1203. Scope

 This part 12 applies to disclaimers of any interest in or power over property, whenever created.   History. Source: L. 2011: Entire part added, (SB 11-166), ch. 203, p. 860, § 1, effective August 10.
CO Code § 15-11-1204 (2021)
2021 Colorado Code|Title 15 - Probate, Trusts, and Fiduciaries|Article 11 - Intestate Succession and Wills|Part 12 - Uniform Disclaimer of Property Interests Act|§ 15-11-1204. Part Supplemented by Other Law

  Unless displaced by a provision of this part 12, the principles of law and equity supplement this part 12.    This part 12 does not limit any right of a person to waive, release, disclaim, or renounce an interest in or power over property under a law other than this part 12.     History. Source: L. 2011: Entire part added, (SB 11-166), ch. 203, p. 860, § 1, effective August 10.
CO Code § 15-11-1205 (2021)
2021 Colorado Code|Title 15 - Probate, Trusts, and Fiduciaries|Article 11 - Intestate Succession and Wills|Part 12 - Uniform Disclaimer of Property Interests Act|§ 15-11-1205. Power to Disclaim - General Requirements - When Irrevocable

  A person may disclaim, in whole or in part, any interest in or power over property, including a power of appointment. A person may disclaim the interest or power even if its creator imposed a spendthrift provision or similar restriction on transfer or a restriction or limitation on the right to disclaim.    Except to the extent a fiduciary's right to disclaim is expressly restricted or limited by another statute of this state or by the instrument creating the fiduciary relationship, a fiduciary may disclaim, in whole or in part, any interest in or power over property, including a power of appointment, whether acting in a personal or representative capacity. A fiduciary may disclaim the interest or power even if its creator imposed a spendthrift provision or similar restriction on transfer or a restriction or limitation on the right to disclaim, or if an instrument other than the instrument that created the fiduciary relationship imposed a restriction or limitation on the right to disclaim.    To be effective, a disclaimer shall be in writing or other record, declare the disclaimer, describe the interest or power disclaimed, be signed by the person making the disclaimer, and be delivered or filed, and, with regard to an interest in real property, be recorded in the manner provided for in section 15-11-1212. In this subsection (3), “record” means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form.    A partial disclaimer may be expressed as a fraction, percentage, monetary amount, term of years, limitation of a power, or any other interest or estate in the property.    A disclaimer becomes irrevocable when it is delivered or filed and, with regard to an interest in real property, recorded pursuant to section 15-11-1212, or when it becomes effective as provided for in sections 15-11-1206 through 15-11-1211, whichever occurs later.    A disclaimer made pursuant to this part 12 is not a transfer, assignment, or release.    No person obligated to distribute an interest disclaimed under this part 12 shall be liable to any person for distributing the interest as if the interest were not disclaimed unless the person obligated to distribute the interest receives a copy of the disclaimer prior to distributing the interest.     History. Source: L. 2011: Entire part added, (SB 11-166), ch. 203, p. 860, § 1, effective August 10.
CO Code § 15-11-1206 (2021)
2021 Colorado Code|Title 15 - Probate, Trusts, and Fiduciaries|Article 11 - Intestate Succession and Wills|Part 12 - Uniform Disclaimer of Property Interests Act|§ 15-11-1206. Disclaimer of Interest in Property

  As used in this section, unless the context otherwise requires:   “Future interest” means an interest that takes effect in possession or enjoyment, if at all, later than the time of its creation.    “Method of representation” includes any method of division described in section 15-11-709.    “Time of distribution” means the time when a disclaimed interest would have taken effect in possession or enjoyment.       Except for a disclaimer governed by section 15-11-1207 or 15-11-1208, the following rules apply to a disclaimer of an interest in property:   The disclaimer takes effect as of the time the instrument creating the interest becomes irrevocable, or, if the interest arose under the law of intestate succession, as of the time of the intestate's death.    The disclaimed interest passes according to any provision in the instrument creating the interest, providing for the disposition of the interest, should it be disclaimed, or of disclaimed interests in general.    If the instrument does not contain a provision described in paragraph (b) of this subsection (2), the following rules apply:   If the disclaimant is not an individual, the disclaimed interest passes as if the disclaimant had ceased to exist immediately before the time of distribution.    If the disclaimant is an individual, except as otherwise provided for in subparagraphs (III) and (IV) of this paragraph (c), the disclaimed interest passes as if the disclaimant had died immediately before the time of distribution.    If, by law or under the instrument, the descendants of the disclaimant would share in the disclaimed interest by any method of representation had the disclaimant died immediately before the time of distribution, the disclaimed interest passes only to the descendants of the disclaimant who survive the time of distribution.    (A) If the disclaimed interest would pass as part of the disclaimant's estate had the disclaimant died immediately before the time of distribution, the disclaimed interest instead passes as if by representation to the descendants of the disclaimant who are living at the time of distribution.       Upon the disclaimer of a preceding interest, a future interest held by a person other than the disclaimant takes effect as if the disclaimant had died or ceased to exist immediately before the time of distribution, but a future interest held by the disclaimant is not accelerated in possession or enjoyment.         History. Source: L. 2011: Entire part added, (SB 11-166), ch. 203, p. 861, § 1, effective August 10.