# C.R.S. § 15-5-104: 15-5-104. Knowledge

> Colorado · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A5_P1_S15-5-104

## Section

- **Citation:** C.R.S. § 15-5-104
- **Heading:** 15-5-104. Knowledge
- **Jurisdiction:** Colorado
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** CO Code / Title 15 / Article 5 / Part 1 / Section 15-5-104

## Text

15-5-104. Knowledge. (1) Subject to subsection (2) of this section, a person has knowledge of a fact if the person:

(a) Has actual knowledge of it;

(b) Has received a notice or notification of it; or

(c) From all the facts and circumstances known to the person at the time in question, and acting in a reasonably prudent manner given the person's experience and expertise, has reason to know it.

(2) An organization that conducts activities through employees has notice or knowledge of a fact involving a trust only from the time the information was received by an employee having responsibility to act for the trust, or would have been brought to the employee's attention if the organization had exercised reasonable diligence. An organization exercises reasonable diligence if it maintains routines for communicating significant information to the employee having responsibility to act for the trust and there is reasonable compliance with the routines. Reasonable diligence does not require an employee of the organization to communicate information unless the communication is part of the individual's regular duties or the individual knows that a matter involving the trust would be materially affected by the information.

## Nearby sections

- [C.R.S. § 15-5-101 15-5-101. Short title](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A5_P1_S15-5-101.md)
- [C.R.S. § 15-5-102 15-5-102. Scope](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A5_P1_S15-5-102.md)
- [C.R.S. § 15-5-103 15-5-103. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A5_P1_S15-5-103.md)
- [C.R.S. § 15-5-104 15-5-104. Knowledge](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A5_P1_S15-5-104.md)
- [C.R.S. § 15-5-105 15-5-105. Default and mandatory rules](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A5_P1_S15-5-105.md)
- [C.R.S. § 15-5-106 15-5-106. Common law of trusts - principles of equity - other statutes](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A5_P1_S15-5-106.md)
- [C.R.S. § 15-5-107 15-5-107. Governing law](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A5_P1_S15-5-107.md)
- [C.R.S. § 15-5-108 15-5-108. Principal place of administration](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A5_P1_S15-5-108.md)
- [C.R.S. § 15-5-109 15-5-109. Methods and waiver of notice in matters other than judicial proceedings](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A5_P1_S15-5-109.md)
- [C.R.S. § 15-5-110 15-5-110. Others treated as qualified beneficiaries](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A5_P1_S15-5-110.md)
- [C.R.S. § 15-5-111 15-5-111. Nonjudicial settlement agreements](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A5_P1_S15-5-111.md)
- [C.R.S. § 15-5-112 15-5-112. Rules of construction](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A5_P1_S15-5-112.md)
- [C.R.S. § 15-5-113 15-5-113. Alternate dispute resolution](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A5_P1_S15-5-113.md)
- [C.R.S. § 15-5-114 15-5-114. Insurable interest of trustee - definition](https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A5_P1_S15-5-114.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_CO_T15_A5_P1_S15-5-104. Check the current official text before relying on it. Not legal advice.