Financial interest restrictions

Colo. Rev. Stat. § 44-30-833, under Revenue - Regulation of Activities.

Colo. Rev. Stat. § 44-30-833

(1) A manufacturer or distributor of slot machines, associated equipment, or related equipment shall not knowingly, without notifying the division within ten days:

(a) Have any interest, directly or indirectly, in any operator;

(b) Allow any of its officers, or any other person with a substantial interest in the business, to have any interest in an operator;

(c) Employ any person in any capacity or allow any person to represent the business in any way if the person is also employed by an operator;

(d) Allow any operator or any person having a substantial interest therein, to have any interest, directly or indirectly, in the business.

(2) The word interest as used in this section does not preclude transactions in the ordinary course of business.

Source: L. 2018: Entire article added with relocations, (SB 18-034), ch. 14, p. 218, � 2, effective October 1.

Editor's note: This section is similar to former � 12-47.1-835 as it existed prior to 2018.

44-30-834. Revocation or expiration of license - requirement of notification. A licensee whose license has been revoked or has expired shall notify the licensee's employer within twenty-four hours after the revocation or expiration.

Source: L. 2018: Entire article added with relocations, (SB 18-034), ch. 14, p. 218, � 2, effective October 1.

Editor's note: This section is similar to former � 12-47.1-837 as it existed prior to 2018.