{"data":{"id":"us-co/c.r.s.-15-1.1-101","jurisdiction":"us-co","citation":"C.R.S. § 15-1.1-101","heading":"Prudent investor rule.","body":"(a) Except as otherwise provided in subsection (b) of this section, a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule set forth in this article.\n\n(b) The prudent investor rule, a default rule, may be expanded, restricted, eliminated, or otherwise altered by the provisions of a trust. A trustee is not liable to a beneficiary to the extent that the trustee acted in reasonable reliance on the provisions of the trust.","path":["Title 15 - PROBATE, TRUSTS, AND FIDUCIARIES","Article 1.1 - Uniform Prudent Investor Act"],"source_url":"https://olls.info/crs/crs2026-title-15.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"372b08b954d8731d02e15681f7865c9b2601399f62312ee0b7a5295f1b54e6a3","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-15-1-1518","next":"us-co/c.r.s.-15-1.1-102"},"notice":"GroundRules: Original legal text. Not legal advice."}