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EXCHANGE NAT. BANK OF COLO. SPRINGS v. SPARKMAN

No. C-783.

554 P.2d 1090 (1976)

The EXCHANGE NATIONAL BANK OF COLORADO SPRINGS, Colorado, a National Banking Association, Petitioner, v. Charles SPARKMAN, Respondent.

Supreme Court of Colorado, En Banc.

As Modified On Denial of Rehearing October 12, 1976.

Attorney(s) appearing for the Case

Spurgeon, Aman & Hanes, Gregory R. Piche, Colorado Springs, for petitioner.

Cleveland & Wengler, Edward D. Cleveland, Colorado Springs, for respondent.

ERICKSON, Justice.

Sarah A. Sparkman died intestate in 1972. An heir, Charles Sparkman, commenced an action to have an inter vivos or revocable living trust declared invalid. The validity of the trust was upheld in the trial court. In a series of modified opinions, the court of appeals ultimately held that the trust was invalid because the transfer of certain securities did not comply with the Uniform Stock Transfer Act, C.R.S.1963, 31-11-1,1

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