Colorado Statutes
§ 23-52-115 — Development of natural resources
The state board of land
commissioners is authorized to prudently develop such coal measures, mineral
deposits, and oil structures by lease or otherwise as is situated on lands described
in section 23-52-114, but such development shall not unreasonably interfere with
the use of such land as may be directed from time to time by the board of trustees.
Applications for leases of the coal measures, mineral deposits, and oil structures
shall be made to the state board of land commissioners, which board may execute
such leases in the manner required by law. Rental, royalties, and income therefrom
shall be deposited with the state treasurer and credited to the special account
established by section 23-52-114.
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Legislative History
Source: L. 2002: Entire section added with relocations, p. 1254, � 5, effective
July 1.
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