Colorado § 32-15-108 - Position of trust - conflicts of interest.
Full text of Colorado Colorado Revised Statutes § 32-15-108 — Position of trust - conflicts of interest., with citation guidance and answers to common questions.
§ 32-15-108. Position of trust - conflicts of interest.
(1) The position of director, employee, adviser, or agent of the district is declared to be a position of public trust, and, therefore, in order to ensure the confidence of the people of the state in the integrity of the district and the board, the directors, employees, advisers, and agents of the district shall be subject to this section. While serving as director, employee, adviser, or agent of the district, no person or any member of such person's family shall be interested directly or indirectly in any contract, subcontract, or transaction with the district or in the profits thereof.
(2) For purposes of this section, "family" means a person's spouse, child, parent, or sibling.
(3) No director, employee, adviser, or agent of the district shall accept employment with the franchise within one year after the director, employee, adviser, or agent of the district has terminated service with the district.
Source: L. 96: Entire article added, p. 1066, § 1, effective May 23.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 32-15-108
What does Colorado Revised Statutes § 32-15-108 cover?
Section 32-15-108 ("Position of trust - conflicts of interest.") 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 § 32-15-108?
A common citation format is "Colorado Revised Statutes § 32-15-108" (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 § 32-15-108 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.