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ARTICLE · 11 AUGUST 2022

Aug. 10 Arrival: Colorado's Non-compete Changes Are Effective

Effective today, Aug. 10, 2022, the Colorado Legislature's significant changes to the state's noncompetition and restrictive covenants statute become effective.

United StatesEmployment and HR

Click here to listen to a podcast about Colorado's new non-compete law.

Effective today, Aug. 10, 2022, the Colorado Legislature's significant changes to the state's noncompetition and restrictive covenants statute become effective. The Restrictive Employments Agreement Act ("Act") (HB 22-1317) is a major overhaul of C.R.S. Section 8-2-113, in which Colorado's restrictive covenants restrictions are enshrined. Previously, the statute only expressly addressed non-competes. Going forward, the statute addresses restrictive covenants more broadly, including not only non-compete clauses, but also provisions addressing the non-solicitation of business and customers, confidentiality provisions, and reimbursement for training and education costs.

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