Colorado § 7-44-103 Organization - assessments

Colorado Statutes

§ 7-44-103 — Organization - assessments

Colorado § 7-44-103

Title 07Corporations

Art.Water Users' Associations

This text of Colorado § 7-44-103 (Organization - assessments) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 7-44-103 (2026).

Text

A corporation known as a water
users' association may be formed under the Colorado Business Corporation Act,
articles 101 to 117 of this title, or formed under or elect to be governed by the
Colorado Revised Nonprofit Corporation Act, articles 121 to 137 of this title, for
the purpose of dealing, contracting, or cooperating with the United States under
the provisions of the act of congress of June 17, 1902, and acts amendatory thereof
or supplementary thereto for the securing of a water supply or irrigation works, or
both. It has, in addition to the powers conferred by law upon ditch, canal, or
irrigation companies, the power to make assessments other than on a pro rata basis
for the purpose of raising funds to accomplish the purposes for which formed, or to
pay its debts or obli

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A corporation known as a water
users' association may be formed under the Colorado Business Corporation Act,
articles 101 to 117 of this title, or formed under or elect to be governed by the
Colorado Revised Nonprofit Corporation Act, articles 121 to 137 of this title, for
the purpose of dealing, contracting, or cooperating with the United States under
the provisions of the act of congress of June 17, 1902, and acts amendatory thereof
or supplementary thereto for the securing of a water supply or irrigation works, or
both. It has, in addition to the powers conferred by law upon ditch, canal, or
irrigation companies, the power to make assessments other than on a pro rata basis
for the purpose of raising funds to accomplish the purposes for which formed, or to
pay its debts or obligations, or to secure reduction in the principal debt due the
United States of America for reclamation project construction cost, or delinquent
assessments, or charges already due and payable, when the articles of
incorporation so permit, or when required under existing or future contracts
between the United States and the association or between the association and its
stockholders, or under any laws or regulations of the United States.

Legislative History

Source: L. 29: p. 291, � 1. CSA: C. 41, � 157. CRS 53: � 31-16-3. C.R.S. 1963: � 31-16-3. L. 67: p. 657, � 7. L. 97: Entire section amended, p. 757, � 11, effective July 1, 1998. L. 2003: Entire section amended, p. 2208, � 22, effective July 1, 2004.