Colorado Code § 10-1-307

Immunity from liability - prohibited activity
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(1) A cause of action does
not arise, and liability shall not be imposed, against the commissioner, the commissioner's
authorized representatives, or any market conduct surveillance personnel employed or appointed
by the commissioner for any statements made or conduct performed in good faith while carrying
out the provisions of this part 3.
(2) A cause of action does not arise, and liability shall not be imposed, against any
person for communicating or delivering information or data to the commissioner, the
commissioner's authorized representative, or any market conduct surveillance personnel pursuant
to a market conduct surveillance performed under this part 3, if the communication or delivery
was performed in good faith and without fraudulent intent or the intent to deceive.
(3) This section does not abrogate or modify any common-law or statutory privilege or
immunity enjoyed by any person identified in subsection (1) of this section.
(4) A person identified in subsection (1) of this section is entitled to an award of attorney
fees and costs if the person is the prevailing party in a civil action for libel, slander, or any other
relevant tort arising out of activities in carrying out the provisions of this part 3, and the party
bringing the action was not substantially justified in bringing the action. For purposes of this
section, a proceeding is "substantially justified" if it had a reasonable basis in law or fact at the
time that it was initiated.
(5) (a) A company shall not take any retaliatory personnel action against an employee
because the employee provides information pursuant to any type of market conduct surveillance
examining the practices of the company.
(b) An employee who has been the subject of a retaliatory personnel action in violation
of subsection (5)(a) of this section may institute a civil action in a court of competent jurisdiction
for relief within one year after learning of the alleged retaliatory action.
(c) A court of competent jurisdiction may order relief as follows:
(I) Reinstatement of the employee to the same position held before the retaliatory
personnel action or to an equivalent position;
(II) Reinstatement of full benefits and seniority rights; and
(III) Compensation for lost wages and benefits.
(d) Upon a determination that a company has taken a retaliatory personnel action, the
court may award costs of the action together with reasonable attorney fees.

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