Colorado Statutes
§ 7-58-819 — Conflict of interest
(1)The law applicable to conflicts of interest
relating to a director of an entity organized under the Colorado Business
Corporation Act, articles 101 to 117 of this title, governs conflicts of interest
relating to a limited cooperative association and a director.
(2)A director does not have a conflict of interest under this article or the
articles and bylaws solely because the director's conduct relating to the duties of
the director may further the director's own interest.
Free access — add to your briefcase to read the full text and ask questions with AI
Colorado § 7-58-819 (Conflict of interest) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Source: L. 2011: Entire article added, (SB 11-191), ch. 197, p. 796, � 1, effective
April 2, 2012.
Nearby Sections
15
§ 7-101-101
Short title§ 7-101-102
Reservation of power to amend or repeal§ 7-101-201
Filing requirements§ 7-101-401
General definitions§ 7-101-501
Short title§ 7-101-504
Nonprofit corporations§ 7-101-506
Duties of directors§ 7-101-507
Benefit report - definition§ 7-101-509
No effect on other corporations§ 7-102-101
Incorporators§ 7-102-102
Articles of incorporation§ 7-102-103
Incorporation