![]() ![]() The type of entity and the state, country, or other governmental authority under whose laws it was formed.38-30-172 a Statement of Authority must contain: This statute states that in order to evidence the existence of a trust and the authority of one or more trustees to act on behalf of the trust, any trustee of the trust may record in the county where the property is located a "Statement of Authority".Īccording to C.R.S. 38-30-108.5 was added which provides that a trust may acquire, convey, encumber, lease or otherwise deal with any interest in real or personal property in the name of the trust. (See Colorado Bulletin No 000020 which sets forth the required information for a Trust Affidavit). 38-30-166 no longer relates to trusts and therefore eliminates the requirement for a recorded trust affidavit in order for a trust to own, transfer or encumber property. ![]()
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