Colorado Code § 15-14-415

Bond. Unless the court makes specific findings as to the reasons a bond is
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not required in the present case, the court shall require a conservator to furnish a bond
conditioned upon faithful discharge of all duties of the conservatorship according to law, with
sureties as it may specify. In the alternative, the court may impose restrictions upon the
conservator's access to, or transfer of, the assets of the conservatorship estate. Unless otherwise
directed by the court, the cost of the bond shall be charged to the protected person's estate and
the bond must be in the amount of the aggregate capital value of the property of the estate in the
conservator's control, plus one year's estimated income, and minus the value of assets deposited
under arrangements requiring an order of the court for their removal and the value of any real
property that the fiduciary, by express limitation, lacks power to sell or convey without court
authorization. The court, in place of sureties on a bond, may accept collateral for the
performance of the bond, including a pledge of securities or a mortgage of real property.

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