§ 18-5-401 — Commercial bribery and breach of duty to act disinterestedly

(1)
A person commits a class 6 felony if he solicits, accepts, or agrees to accept any
benefit as consideration for knowingly violating or agreeing to violate a duty of
fidelity to which he is subject as:

(a) Agent or employee; or

(b) Trustee, guardian, or other fiduciary; or

(c) Lawyer, physician, accountant, appraiser, or other professional adviser; or

(d) Officer, director, partner, manager, or other participant in the direction of
the affairs of an incorporated or unincorporated association; or

(e) Duly elected or appointed representative or trustee of a labor
organization or employee welfare trust fund; or

(f) Arbitrator or other purportedly disinterested adjudicator or referee.

(2) A person who holds himself out to the public as being engaged in the
business of making disinterested selection, appraisal, or criticism of commodities,
property, or services commits a class 6 felony if he knowingly solicits, accepts, or
agrees to accept any benefit to alter, modify, or change his selection, appraisal, or
criticism.

(3) A person commits a class 6 felony if he confers or offers or agrees to
confer any benefit the acceptance of which would be a felony under subsections (1)
and (2) of this section.

Legislative History

Source: L. 71: R&RE, p. 443, � 1. C.R.S. 1963: � 40-5-401. L. 77: (2) amended, p. 964, � 32, effective July 1. L. 89: IP(1), (2), and (3) amended, p. 835, � 60, effective July 1.