§ 15-1-112.5. Liability of a fiduciary for acts of predecessor fiduciary

CO Rev Stat § 15-1-112.5 (2018) (N/A)
Copy with citation
Copy as parenthetical citation

In the absence of actual knowledge or information which would cause a reasonable fiduciary to inquire further, a fiduciary shall be under no duty to examine the accounts and records of or inquire into the acts or omissions of a predecessor fiduciary and shall not be liable for failure to seek redress for any act or omission of any predecessor fiduciary.