C.R.S. § 15-11-806 Reformation to Correct Mistakes

• Library: Colorado Statutes
• Edition: 2023
• Currency: Current through 2023 Legislative Session

The court may reform the terms of a governing instrument other than a trust that is governed by section 15-5-415, even if unambiguous, to conform the terms to the transferor's intention if it is proved by clear and convincing evidence what the transferor's intent was and that the terms of the governing instrument were affected by a mistake of fact or law, whether in expression or inducement.

Cite as C.R.S. § 15-11-806

History: Amended by 2018 Ch. 169, § 10, eff. 1/1/2019.

History: L. 2009: Entire section added, <actcitation href="" statecd="CO" actaltid="310" sessionyear="2009" description="Enact Changes To Colorado Probate Code - AN ACT CONCERNING CHANGES TO THE "COLORADO PROBATE CODE"">(HB 09 -1287), ch. 310, p. 1687</actcitation>, § 15, effective July 1, 2010. L. 2018: Entire section amended, (SB 18-180), ch. 169, p. 1193, § 10, effective January 1, 2019.</note> </notes-history>