Colorado Statutes
§ 25-29-111 — Disclosure of interests required
Any member of the board of
directors and any employee or other agent or advisor of the authority, who has a
direct or indirect interest in any contract or transaction with the authority, shall
disclose this interest to the authority. This interest shall be set forth in the minutes
of the authority, and no director, employee, or other agent or advisor having such
interest shall participate on behalf of the authority in the authorization of any such
contract or transaction; except that the provisions of this section shall not be
construed to prohibit any city employee who is a member of the board of directors
who has no personal interest in the matter at hand from voting on the authorization
of any such contract or transaction between the authority and the city. The status
of a boa
Free access — add to your briefcase to read the full text and ask questions with AI
Colorado § 25-29-111 (Disclosure of interests required) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Source: L. 94: Entire article added, p. 661, � 1, effective April 19.
Nearby Sections
15
§ 25-1-100.3
Definitions§ 25-1-1001
Legislative declaration§ 25-1-1002
Definitions§ 25-1-101
Construction of terms§ 25-1-104
State board - organization§ 25-1-106
Division personnel§ 25-1-110
Higher standards permissible§ 25-1-113
Judicial review of decisions§ 25-1-114
Unlawful acts - penalties§ 25-1-114.1
Civil remedies and penalties