Interest in contracts - penalty

Colo. Rev. Stat. § 22-80-108, under School for the Deaf and the Blind.

Colo. Rev. Stat. § 22-80-108

Neither the board of trustees nor any treasurer, superintendent, or other officer or agent of the school shall be directly or indirectly interested in any contract or other agreement for building, repairing, furnishing, or supplying the school, and no drawbacks or secret discounts whatever shall be given to or received by any such person on account of any articles or materials furnished to or labor done for the school. Any person violating the provisions of this section commits a class 6 felony and shall be punished as provided in section 18-1.3-401, C.R.S.

Source: L. 77: Entire article added, p. 1092, § 2, effective July 1. L. 79: Entire section amended, p. 702, § 74, effective July 1; entire section amended, p. 1636, § 33, effective July 19. L. 89: Entire section amended, p. 843, § 108, effective July 1. L. 2002: Entire section amended, p. 1529, § 236, effective October 1. L. 2003: Entire section amended, p. 1583, § 10, effective July 1, 2004.