(I) Define or describe the circumstances under which a conflict of interest exists;
(II) Set forth procedures to follow when a conflict of interest exists, including how, and to whom, the conflict of interest must be disclosed and whether a board member must recuse himself or herself from discussing or voting on the issue; and
Source: L. 2005: Entire section added, p. 1377, § 7, effective January 1, 2006. L. 2006: (1)(a), (1)(b)(VI), and (1)(b)(VII) amended and (1)(b)(VIII) added, p. 1219, § 7, effective May 26. L. 2008: (2) and (3) added, p. 556, § 2, effective July 1. L. 2009: (1)(b)(IX) added, (HB 09-1359), ch. 257, p. 1164, § 1, effective August 5. L. 2011: (1)(b)(II) amended and (4) added, (HB 11-1124), ch. 105, p. 328, § 2, effective April 13. L. 2013: (5) added, (HB 13-1276), ch. 351, p. 2035, § 1, effective January 1, 2014.
Structure Colorado Code
Title 38 - Property - Real and Personal
Article 33.3 - Colorado Common Interest Ownership Act
Part 2 - Creation, Alteration, and Termination of Common Interest Communities
§ 38-33.3-201. Creation of Common Interest Communities
§ 38-33.3-202. Unit Boundaries
§ 38-33.3-203. Construction and Validity of Declaration and Bylaws
§ 38-33.3-204. Description of Units
§ 38-33.3-205. Contents of Declaration
§ 38-33.3-206. Leasehold Common Interest Communities
§ 38-33.3-207. Allocation of Allocated Interests
§ 38-33.3-208. Limited Common Elements
§ 38-33.3-209.6. Executive Board Member Education
§ 38-33.3-209.7. Owner Education
§ 38-33.3-210. Exercise of Development Rights
§ 38-33.3-211. Alterations of Units
§ 38-33.3-212. Relocation of Boundaries Between Adjoining Units
§ 38-33.3-213. Subdivision of Units
§ 38-33.3-214. Easement for Encroachments
§ 38-33.3-215. Use for Sales Purposes
§ 38-33.3-216. Easement Rights
§ 38-33.3-217. Amendment of Declaration
§ 38-33.3-218. Termination of Common Interest Community
§ 38-33.3-219. Rights of Secured Lenders
§ 38-33.3-220. Master Associations
§ 38-33.3-221. Merger or Consolidation of Common Interest Communities
§ 38-33.3-221.5. Withdrawal From Merged Common Interest Community