Any member of the board of directors and any employee or other agent or adviser of the authority, who has a direct or indirect interest in any contract or transaction with the authority, shall disclose this interest to the authority. This interest shall be set forth in the minutes of the authority, and no director, employee, or other agent or adviser having such interest shall participate on behalf of the authority in the authorization of any such contract or transaction; except that the provisions of this section shall not be construed to prohibit any employee of the university of Colorado who is a member of the board of directors, who has no personal interest, from voting on the authorization of any such contract or transaction between the authority and the regents.
Source: L. 91: Entire part added, p. 567, § 2, effective June 1.
Structure Colorado Code
Title 23 - Postsecondary Education
Article 21 - University of Colorado - University Hospital - Centers
Part 5 - University of Colorado Hospital Authority
§ 23-21-501. Legislative Declaration
§ 23-21-503. University of Colorado Hospital Authority
§ 23-21-505. Authorization for Transfer of Hospital Assets and Liabilities to Authority
§ 23-21-506. Relationship Between Authority and Regents
§ 23-21-508. Retirement Benefits - Rights of Former State Employees - Pera Membership
§ 23-21-510. Records of Board of Directors
§ 23-21-511. Meetings of Board of Directors
§ 23-21-512. Disclosure of Interests Required
§ 23-21-513. General Powers of the Authority
§ 23-21-516. Negotiable Instruments
§ 23-21-517. Bonds Eligible for Investment
§ 23-21-519. Nonliability of State for Bonds
§ 23-21-520. Members of Authority Not Personally Liable on Bonds
§ 23-21-522. Powers of the Authority - Investments
§ 23-21-523. Agreement of This State
§ 23-21-524. This Part 5 Not a Limitation of Powers
§ 23-21-525. Exemption From Property Taxation
§ 23-21-526. Psychiatric Hospital
§ 23-21-527. General Assembly Retains Authority to Enact Laws Governing University Hospital