C.R.S. § 15-16-816: Office of trust director.

(1) Unless the terms of a trust provide otherwise, the rules applicable to a trustee apply to a trust director regarding the following matters:

(a) Acceptance under section 15-5-701;

(b) Giving of bond to secure performance under section 15-5-702;

(c) Reasonable compensation under sections 15-5-1004, 15-10-501 (3), and 15-10-601;

(d) Resignation under section 15-5-705;

(e) Removal under section 15-5-706;

(f) Vacancy and appointment of successor under section 15-5-704; and

(g) The right to petition the court for instructions under section 15-5-201 (3).