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Measure Details

Criminal Accountability of Business Executives

Colorado Ballot Measure - Amendment 53

Election: General Nov. 4, 2008 (General)
Outcome: Failed

Business and Consumers


Amendment 53 proposes amending the Colorado statutes to: - hold a business executive criminally responsible for the business's failure to perform a duty required by law if the official knew of the duty and the business's failure to perform it.

Measure Text

An amendment to the Colorado Revised Statutes extending the criminal liability of a business entity to its executive officials for the entity's failure to perform a specific duty imposed by law, and, in connection therewith, conditioning an executive official’s liability upon his or her knowledge of the duty imposed by law and of the business entity’s failure to perform such duty; and allowing an executive official who discloses to the attorney general all facts known to the official concerning a business's criminal conduct to use that disclosure as an affirmative defense to criminal charges.


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