Gift Ban - 7 of 25
CORRECT ANSWER:
CORRECT ANSWER:
YES. You provided lawful consideration by being the highest bidder on the item and you had the same opportunity to win as any of the other bidders at the auction is CORRECT.
YES. You provided lawful consideration by being the highest bidder on the item and you had the same opportunity to win as any of the other bidders at the auction is CORRECT.
Even though the value of the silent auction item you bid on and won is significantly more than what you bid and exceeds $65 in value, the Independent Ethics Commission has stated that it is permissible to accept winnings from a silent auction if it is not rigged in favor of public employees or officials based upon their governmental status.
The information on this page is presented as an informational service only and should not be relied upon as an official record of action or legal position of the State of Colorado, the Colorado General Assembly, or the Office of Legislative Legal Services.