Colorado Code § 28-5-214

Investments. Every guardian shall invest the surplus funds of his or her
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ward's estate in such securities or property as authorized under the laws of this state, but only
upon prior order of the court; except that the funds may be invested, without prior court
authorization, in direct unconditional interest-bearing obligations of this state or of the United
States and in obligations the interest and principal of which are unconditionally guaranteed by
the United States. A signed duplicate or certified copy of the petition for authority to invest shall
be furnished the proper office of the veterans administration, and notice of hearing thereon shall
be given said office as provided in the case of hearing on a guardian's account.

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