Corporate fraud initiative certified for Colorado ballot
Rocky Mountain News
Vail, CO Colorado
COLORADO ” A measure that would make executives criminally liable if their companies commit fraud will appear on November’s statewide ballot.
If voters approve it, Colorado could become the toughest state in the nation on corporate fraud, according to the Protect Colorado’s Future coalition backing the proposal. Business groups have opposed the measure, saying it would make the state a less desirable place to locate companies.
The secretary of state’s office certified that the petition to get the initiative on the ballot had received more than enough valid signatures to qualify.
The corporate fraud proposal has been designated as Amendment 53.