Section 7-58-819 - Conflict of interest(1) The law applicable to conflicts of interest relating to a director of an entity organized under the "Colorado Business Corporation Act", articles 101 to 117 of this title, governs conflicts of interest relating to a limited cooperative association and a director.(2) A director does not have a conflict of interest under this article or the articles and bylaws solely because the director's conduct relating to the duties of the director may further the director's own interest.L. 2011: Entire article added, (SB 11 -191), ch. 197, p. 796, § 1, effective 4/2/2012.