Colorado statute
C.R.S. § 18-8-308 — Failing to disclose a conflict of interest.
Current through 2025 Regular Session
Part of Part 3: BRIBERY AND CORRUPT INFLUENCES, Colorado Revised Statutes.
Criminal charges under this statute
Full text of C.R.S. § 18-8-308
Statutory text current through the 2025 Regular Session. This is an officially sanctioned publication using the official text of the Colorado Revised Statutes; it is not the official statutes of the State of Colorado.
(1) A public servant commits failing to disclose a conflict of interest if he exercises any substantial discretionary function in connection with a government contract, purchase, payment, or other pecuniary transaction without having given seventy-two hours' actual advance written notice to the secretary of state and to the governing body of the government which employs the public servant of the existence of a known potential conflicting interest of the public servant in the transaction with reference to which he is about to act in his official capacity. (2) A "potential conflicting interest" exists when the public servant is a director, president, general manager, or similar executive officer or owns or controls directly or indirectly a substantial interest in any nongovernmental entity participating in the transaction. (3) Failing to disclose a conflict of interest is a class 2 misdemeanor.
Official sources
Legal terms used in this section
Questions this section answers
Is failing to disclose a conflict of interest a felony or a misdemeanor in Colorado?
Failing to disclose a conflict of interest is a class 2 misdemeanor in Colorado under C.R.S. § 18-8-308.
Which Colorado statute covers failing to disclose a conflict of interest?
Failing to disclose a conflict of interest is governed by C.R.S. § 18-8-308 (Failing to disclose a conflict of interest).
This reference is informational and is not legal advice.