Interest prohibited

Colo. Rev. Stat. § 22-63-204, under Education.

Colo. Rev. Stat. § 22-63-204

(1) It is unlawful for any teacher of a school district to take or receive any part or portion of moneys from the sale, proceeds, profit, or items in lieu thereof of any book, musical instrument, school supplies, school apparatus, or other materials, including custodial, office, and athletic supplies, sold to a minor, or the parent or guardian of any such minor, enrolled in the school where such teacher is performing services, or which may be sold to said school district; but it shall not be unlawful for a teacher to receive a part or portion of moneys from the sale, proceeds, profit, or items in lieu thereof if such teacher first obtains the written consent of the employing board.

(2) Any teacher who violates the provisions of subsection (1) of this section is, upon determination thereof, subject to the revocation of the teacher's license or authorization as provided in section 22-60.5-108.

Source: L. 90: Entire article R&RE, p. 1122, � 1, effective July 1. L. 2000: (2) amended, p. 1860, � 69, effective August 2.

Editor's note: This section is similar to former � 22-63-108 as it existed prior to 1990.

22-63-205. Exchange of teachers - exchange educator interim authorization. (1) The board of a school district has authority to provide for the exchange of teachers with a school district in this state or in another state or with a foreign government or agency thereof. The department of education and boards are authorized and urged to effect such exchanges to achieve the goal of equal educational opportunity within Colorado, and they are further authorized to cooperate with appropriate federal agencies involved in such exchange programs. The department of education shall create an exchange educator interim authorization for qualified exchange educators pursuant to section 22-60.5-111.

(2) The salary of the teacher exchanged may be paid by the school district which authorized the exchange and, if so, said teacher shall be paid at not less than the rate to which he would otherwise be entitled had he performed services in said school district. A teacher exchanged pursuant to this section shall be deemed, during the period of exchange, to be in the employ of the school district which authorized the exchange, and such teacher shall be subject to the provisions and benefits of retirement, insurance, and workers' compensation as if performing services within said school district.

Source: L. 90: Entire article R&RE, p. 1122, � 1, effective July 1. L. 2008: (1) amended, p. 1365, � 3, effective May 27.

Editor's note: (1) This section is similar to former � 22-63-109 as it existed prior to 1990.

(2) Subsection (2) was originally numbered as section 22-63-109 (2), and the amendments to it in House Bill 90-1160 were harmonized with subsection (2) as it appears in this section when the entire article was repealed and reenacted in House Bill 90-1159.