Colorado Revised Statutes Title 15. Probate, Trusts, and Fiduciaries § 15-1.2-408. Insubstantial allocation not required

(a) The amount of the allocation would increase or decrease net income in an accounting period, as determined before the allocation, by less than ten percent; and

(b) The asset producing the receipt to be allocated has a fair market value less than ten percent of the total fair market value of the assets owned or held by the fiduciary at the beginning of the accounting period.

(a) Exercised by a co-fiduciary in the manner described in section 15-1.2-203(6); or

(b) Released or delegated for a reason described in section 15-1.2-203(7) and in the manner described in section 15-1.2-203(8).