{"data":{"id":"us-co/c.r.s.-15-16-807","jurisdiction":"us-co","citation":"C.R.S. § 15-16-807","heading":"Limitations on powers of trust director.","body":"(1) A trust director is subject to the same rules as a trustee in a like position and under similar circumstances in the exercise or nonexercise of a power of direction regarding:\n\n(a) A payback provision in the terms of the trust necessary for compliance with the reimbursement requirements of medicaid law in section 1917 of the federal \"Social Security Act\", 42 U.S.C. sec. 1396p (d)(4)(A), as amended, and regulations issued thereunder, as amended; and\n\n(b) A charitable interest in the trust, including notice regarding the interest to the attorney general.","path":["Title 15 - PROBATE, TRUSTS, AND FIDUCIARIES","Article 16 - Trust Administration","Part 8 - COLORADO UNIFORM DIRECTED TRUST 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":"9f180646c75d8613074308007f84d85bb271f66878b6f34454e67f6b2eb78998","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-15-16-806","next":"us-co/c.r.s.-15-16-808"},"notice":"GroundRules: Original legal text. Not legal advice."}
