Each commissioner, before entering upon the duties of his office, shall take the constitutional oath of office. No person in the employ of or holding any official relation to any corporation or person, which said corporation or person is subject in whole or in part to regulation by the commission, and no person owning stocks or bonds of any such corporation or who is in any manner pecuniarily interested therein shall be appointed to or hold the office of commissioner or be appointed or employed by the commission; but if any such person becomes the owner of such stocks or bonds or becomes pecuniarily interested in such corporation otherwise than voluntarily, he shall divest himself of such ownership or interest within six months; failing to do so, his office or employment shall become vacant.
Source: L. 13: p. 466, § 5. C.L. § 2916. CSA: C. 137, § 6. CRS 53: § 115-2-2. C.R.S. 1963: § 115-2-2. L. 69: p. 928, § 3.
Cross references: For the oath of office, see § 8 of article XII of the Colorado Constitution.
Structure Colorado Code
Article 2 - Public Utilities Commission - Renewable Energy Standard
Part 1 - General and Administrative Provisions
§ 40-2-101. Creation - Appointment - Term - Subject to Termination - Repeal of Part
§ 40-2-102. Oath - Qualifications
§ 40-2-104. Assistants and Employees - Utilization of Independent Experts
§ 40-2-104.5. Financial Disclosures by Intervenors
§ 40-2-105. Office - Sessions - Seal - Supplies
§ 40-2-106. Reports and Decisions of the Commission
§ 40-2-107. Compensation and Expenses of Employees
§ 40-2-108. Rules - Definitions - Legislative Declaration
§ 40-2-109. Report to Executive Director of the Department of Revenue
§ 40-2-109.5. Incentives for Distributed Generation - Definition
§ 40-2-110. Appropriation and Fees
§ 40-2-110.5. Annual Fees - Public Utilities Commission Motor Carrier Fund - Created
§ 40-2-111. Report of Utilities to Department of Revenue
§ 40-2-112. Computation of Fees
§ 40-2-113. Collection of Fees - Limitation
§ 40-2-114. Disposition of Fees Collected - Telecommunications Utility Fund - Fixed Utility Fund
§ 40-2-115. Cooperation With Other States and With the United States - Rules - Definitions
§ 40-2-119. Exemption of Rail Carrier Transportation
§ 40-2-120. Rail Transportation Policy
§ 40-2-125. Eminent Domain Restrictions
§ 40-2-131. State of 911 Report
§ 40-2-132. Distribution System Planning - Definition - Rules
§ 40-2-133. Workforce Transition Planning Filing - Definition
§ 40-2-134. Wholesale Electric Cooperatives - Electric Resource Planning - Definition - Rules
§ 40-2-135. Retail Distributed Generation - Customers' Rights - Rules