Governor Jared Polis has now signed HB 22-1317, significantly limiting the enforceability of non-compete agreements executed after August 10, 2022 — the law’s effective date — for employers with employees working or living in Colorado. For details of, and a brief Q&A on, the new law, see the articles Colorado Poised to Further Limit Use of Non-Compete Agreements, Raise Penalties for Non-Compliance and Colorado’s New Non-Compete Law Signed by Governor, Will Go into Effect on August 10, 2022, by Jackson Lewis attorneys Tim Kratz and Francis Wilson.
If you have any questions about the new Colorado law, Colorado’s non-compete statute, C.R.S. § 8-2-113, or any other restrictive covenants issue, please contact a Jackson Lewis attorney.