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HB17-1293

Local Government Officials On Nonprofit Boards

Concerning the ability of a local government official to serve on a nonprofit entity's board of directors.
Session:
2017 Regular Session
Subjects:
Local Government
State Government
Bill Summary

The bill specifies that it is neither a conflict of interest nor a breach of fiduciary duty or the public trust for a local government official to serve on the board of directors of a nonprofit entity. A local government official who serves on the board of directors of a nonprofit entity shall publicly announce his or her relationship with the nonprofit entity before voting on a matter that provides a direct and substantial economic benefit to the nonprofit entity.


(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Status

Introduced
Passed
Became Law

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Bill Text

Email addresses for the Colorado legislature changed from the @state.co.us domain to the @coleg.gov domain on December 1, 2022. Details