Colorado § 37-45-131 Sale of water by contract

Colorado Statutes

§ 37-45-131 — Sale of water by contract

Colorado·Title 37 Water and·Art. Water Conservancy Districts

The board may sell, lease, or
otherwise dispose of the use of water or capacity in works by term contracts or by
contracts for the perpetual use of the water or works to public corporations,
districts, as that term is defined in section 37-45.1-102 (1), utilities, persons, mutual
ditch companies, water users' associations, and other private corporations for
irrigation, domestic, municipal, industrial, commercial, or other authorized uses as
provided by contracts, in writing, authorized and entered into by the board. The
board shall require that security be given to secure the payments to be made under
the contracts, which security may include the security specified in section 37-45-132 or such other security as the board determines to be appropriate. The contracts
may include the 

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The board may sell, lease, or
otherwise dispose of the use of water or capacity in works by term contracts or by
contracts for the perpetual use of the water or works to public corporations,
districts, as that term is defined in section 37-45.1-102 (1), utilities, persons, mutual
ditch companies, water users' associations, and other private corporations for
irrigation, domestic, municipal, industrial, commercial, or other authorized uses as
provided by contracts, in writing, authorized and entered into by the board. The
board shall require that security be given to secure the payments to be made under
the contracts, which security may include the security specified in section 37-45-132 or such other security as the board determines to be appropriate. The contracts
may include the contractual provisions specified in section 31-35-402 (1)(h) as
determined by the board.

Colorado § 37-45-131 (Sale of water by contract) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 37: p. 1346, � 25. CSA: C. 173B, � 39. CRS 53: � 149-6-26. L. 60: p. 223, � 3. C.R.S. 1963: � 150-5-26. L. 2018: Entire section amended, (HB 18-1073), ch. 64, p. 615, � 1, effective August 8.