Colorado § 25-29-111 - Disclosure of interests required.
Full text of Colorado Colorado Revised Statutes § 25-29-111 — Disclosure of interests required., with citation guidance and answers to common questions.
§ 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 board member as a member of the department board, in and of itself, shall not be a conflicting interest.
Source: L. 94: Entire article added, p. 661, § 1, effective April 19.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 25-29-111
What does Colorado Revised Statutes § 25-29-111 cover?
Section 25-29-111 ("Disclosure of interests required.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 25-29-111?
A common citation format is "Colorado Revised Statutes § 25-29-111" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 25-29-111 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.