§ 37-48-156 — Contracts of subdistricts

Colorado § 37-48-156

• Jurisdiction: Colorado
• Title 37: Water and
• Art.: Rio Grande Water Conservation District

Text

(1) When the official plan so provides,
it shall be lawful for any subdistrict to make contracts as follows:

(a) A water users' association, public entity, nonprofit corporation, not-for-profit corporation, carrier ditch company, mutual ditch or reservoir company,
unincorporated ditch or reservoir company, or cooperative association may bind
itself to levy an annual assessment for the use of water and to secure the
assessment by liens on land and water rights or in such other manner as may be
provided by law.

(b) Any person or corporation landowner may create a mortgage lien upon
lands or give other security satisfactory to the board or any other contracting
agency, and all such contracts shall provide for forfeiture of the use of water for
nonpayment of assessments or installments in the same manner and procedure as
provided by statute for forfeiture of stock in a mutual ditch or reservoir company.

Legislative History

Source: L. 75: Entire section added, p. 1387, � 7, effective July 18. L. 2007: Entire section amended, p. 1282, � 22, effective May 25.