# C.R.S. § 15-16-903: 15-16-903. Scope - definitions

> Colorado · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A16_P9_S15-16-903

## Section

- **Citation:** C.R.S. § 15-16-903
- **Heading:** 15-16-903. Scope - definitions
- **Jurisdiction:** Colorado
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** CO Code / Title 15 / Article 16 / Part 9 / Section 15-16-903

## Text

15-16-903. Scope - definitions. (1) Except as otherwise provided in subsections (2) and (3) of this section, this part 9 applies to an express trust that is:

(a) Irrevocable; or

(b) Revocable by the settlor only with the consent of the trustee or a person holding an adverse interest.

(2) This part 9 does not apply to a trust held solely for charitable purposes.

(3) Subject to section 15-16-915, a trust instrument may restrict or prohibit exercise of the decanting power.

(4) This part 9 does not limit the power of a trustee, powerholder, or other person to distribute or appoint property in further trust or to modify a trust under the trust instrument, law of this state other than this part 9, common law, a court order, or a nonjudicial settlement agreement.

(5) This part 9 does not affect the ability of a settlor to provide in a trust instrument for the distribution of the trust property or appointment in further trust of the trust property or for modification of the trust instrument.

(6) (a) Neither this part 9 nor an exercise of the decanting power described in this part 9 affects:

(I) The determination whether a beneficial interest in a first trust or second trust is property or an asset of a spouse for purposes of distribution of property under section 14-10-113, C.R.S.; or

(II) The power of a divorce court to fashion remedies between the parties in an action under title 14, C.R.S.

(b) Nothing in this subsection (6) expands or limits the power of a divorce court in law or equity over a first trust or a second trust or any trustee thereof.

(c) As used in this subsection (6), unless the context requires otherwise, "divorce court" means a court in this state having jurisdiction over matters brought pursuant to title 14, C.R.S.

## Nearby sections

- [C.R.S. § 15-16-901 15-16-901. Short title](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A16_P9_S15-16-901.md)
- [C.R.S. § 15-16-902 15-16-902. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A16_P9_S15-16-902.md)
- [C.R.S. § 15-16-903 15-16-903. Scope - definitions](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A16_P9_S15-16-903.md)
- [C.R.S. § 15-16-904 15-16-904. Fiduciary duty](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A16_P9_S15-16-904.md)
- [C.R.S. § 15-16-905 15-16-905. Application - governing law](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A16_P9_S15-16-905.md)
- [C.R.S. § 15-16-906 15-16-906. Reasonable reliance](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A16_P9_S15-16-906.md)
- [C.R.S. § 15-16-907 15-16-907. Notice - exercise of decanting power](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A16_P9_S15-16-907.md)
- [C.R.S. § 15-16-908 15-16-908. Representation](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A16_P9_S15-16-908.md)
- [C.R.S. § 15-16-909 15-16-909. Court involvement](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A16_P9_S15-16-909.md)
- [C.R.S. § 15-16-910 15-16-910. Formalities](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A16_P9_S15-16-910.md)
- [C.R.S. § 15-16-911 15-16-911. Decanting power under expanded distributive discretion - definitions](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A16_P9_S15-16-911.md)
- [C.R.S. § 15-16-912 15-16-912. Decanting power under limited distributive discretion - definitions](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A16_P9_S15-16-912.md)
- [C.R.S. § 15-16-913 15-16-913. Trust for beneficiary with disability - definitions](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A16_P9_S15-16-913.md)
- [C.R.S. § 15-16-914 15-16-914. Protection of charitable interest - definitions](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A16_P9_S15-16-914.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A16_P9_S15-16-903. Check the current official text before relying on it. Not legal advice.