Chapter 20 - § 20.9 • SEGREGATION OF ASSETS

• Jurisdiction: Colorado

§ 20.9 • SEGREGATION OF ASSETS

It is the duty of the representative to keep the property of the estate segregated or earmarked, distinguishing it from his or her own property and from that of others.¹⁸ An exception to this rule is permitted to corporate fiduciaries, under strict regulation, in the operation of common trust funds under C.R.S. Title II, Part 10 (1973). See, in addition, C.R.S. §§ 15-1-501 through -510, -804(2)(n), and -804(2)(o), stating the duties to segregate and earmark funds and providing for the use of nominees and the keeping of records in connection therewith.

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