Colorado Revised Statutes Title 15. Probate, Trusts, and Fiduciaries § 15-12-715. Transactions authorized for personal representatives--exceptions

(a) Exercise any of the powers enumerated in the “Colorado Fiduciaries' Powers Act” at the time of such exercise; and

(b) Satisfy written charitable pledges of the decedent irrespective of whether the pledges constituted binding obligations of the decedent or were properly presented as claims, if in the judgment of the personal representative the decedent would have wanted the pledges completed under the circumstances.