Unitrust rate. — Colorado Code § 15-1.2-306
Colorado Code § 15-1.2-306 — Unitrust rate.. Reproduced from the official Colorado Revised Statutes, with a citation summary, verification link, and related provisions.
§ 15-1.2-306. Unitrust rate.
(1) Except as otherwise provided in section 15-1.2-309 (2)(a), a unitrust rate may be:
(a) A fixed unitrust rate; or
(b) A unitrust rate that is determined for each period using:
(I) A market index or other published data; or
(II) A mathematical blend of market indices or other published data over a stated number of preceding periods.
(2) Except as otherwise provided in section 15-1.2-309 (2)(a), a unitrust policy may provide:
(a) A limit on how high the unitrust rate determined under subsection (1)(b) of this section may rise;
(b) A limit on how low the unitrust rate determined under subsection (1)(b) of this section may fall;
(c) A limit on how much the unitrust rate determined under subsection (1)(b) of this section may increase over the unitrust rate for the preceding period or a mathematical blend of unitrust rates over a stated number of preceding periods;
(d) A limit on how much the unitrust rate determined under subsection (1)(b) of this section may decrease below the unitrust rate for the preceding period or a mathematical blend of unitrust rates over a stated number of preceding periods; or
(e) A mathematical blend of any of the unitrust rates determined under subsection (1)(b) of this section and subsections (2)(a) through (2)(d) of this section.
Source: L. 2021: Entire article added, (SB 21-171), ch. 143, p. 815, § 1, effective January 1, 2022.
Source: official Colorado text · Last verified 2026-08-27
At a glance
- Citation: Colorado Revised Statutes § 15-1.2-306
- Jurisdiction: Colorado
- Code: Colorado Revised Statutes
- Subject: Unitrust rate.
- Text: transcribed from the official source (verify below)
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