Colorado Code § 15-1-112.5

Liability of a fiduciary for acts of predecessor fiduciary
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In the absence
of actual knowledge or information which would cause a reasonable fiduciary to inquire further,
a fiduciary shall be under no duty to examine the accounts and records of or inquire into the acts
or omissions of a predecessor fiduciary and shall not be liable for failure to seek redress for any
act or omission of any predecessor fiduciary.

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