Any board member, 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 board member, 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.
Source: L. 73: p. 807, § 1. C.R.S. 1963: § 69-11-6.
Editor's note: This section was originally numbered as § 29-4-706 in C.R.S. 1973 but was renumbered on revision in the 1977 replacement volume for ease of location.
Structure Colorado Code
Part 7 - Housing and Business Development and Financing
§ 29-4-702. Legislative Declaration
§ 29-4-703. Definitions - Rules
§ 29-4-704. Colorado Housing and Finance Authority
§ 29-4-704.5. Reference in Contracts and Documents
§ 29-4-707. Disclosure of Interests Required
§ 29-4-708. General Powers of the Authority - Repeal
§ 29-4-709. Power of Board - Housing Facility Plans
§ 29-4-710.5. Powers of the Board - Lease, Sale, or Financing of Projects
§ 29-4-710.6. Powers of the Board - Loans for Capital
§ 29-4-711. Power of Board - Housing Facility Plans - Mortgage Purchase - Loans to Lenders
§ 29-4-713. Power of the Board - Home Improvement Loans
§ 29-4-714. Powers of the Board - Home Improvement Loans - Purchase of Such Loans - Loans to Lenders
§ 29-4-716. Standards for Approval of Organizations
§ 29-4-717. Findings - Percentage of Low-Income Families Required
§ 29-4-719.1. Economic Development Fund
§ 29-4-720. Validity of Any Pledge
§ 29-4-722. Negotiable Instruments
§ 29-4-723. Bonds Eligible for Investment
§ 29-4-725. Nonliability of State for Bonds
§ 29-4-726. Members of Authority Not Personally Liable on Bonds
§ 29-4-727. Property Taxation - Exemption of Bonds From Taxation
§ 29-4-728. Revolving Fund Established
§ 29-4-730. Powers of the Authority - Investments
§ 29-4-731. Agreement of This State
§ 29-4-732. This Part 7 Not a Limitation of Powers