Colorado § 31-25-819 Conflict of interest

Colorado Statutes

§ 31-25-819 — Conflict of interest

Colorado·Title 31 Government·Art. Public Improvements

No board member nor any employee of the
board shall vote or otherwise participate in any matter in which he has a specific
financial interest, defined as a matter in which the member or employee would
receive a benefit or incur a cost substantially greater than other property owners
within the district. When such interest appears, it is the duty of the board member
or employee to make such interest known, and he shall thenceforth refrain from
voting on or otherwise participating in the particular transaction involving such
interest. Willful violation of the provisions of this section constitutes malfeasance
on the part of a member of the board and is grounds for instant dismissal of any
employee. The governing body may by ordinance provide for automatic forfeiture of
office by a 

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No board member nor any employee of the
board shall vote or otherwise participate in any matter in which he has a specific
financial interest, defined as a matter in which the member or employee would
receive a benefit or incur a cost substantially greater than other property owners
within the district. When such interest appears, it is the duty of the board member
or employee to make such interest known, and he shall thenceforth refrain from
voting on or otherwise participating in the particular transaction involving such
interest. Willful violation of the provisions of this section constitutes malfeasance
on the part of a member of the board and is grounds for instant dismissal of any
employee. The governing body may by ordinance provide for automatic forfeiture of
office by a board member for violation of this section.

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