Colorado § 37-86-108 Incorporation of lateral ditch owners

Colorado Statutes

§ 37-86-108 — Incorporation of lateral ditch owners

Colorado·Title 37 Water and·Art. Rights-of-way and Ditches

Whenever the owners of
sixty percent or more of the area of lands served by any one lateral ditch used for
the delivery of water for irrigation from a common source organizes a corporation
having for its object the taking over and owning of all of the interests of the
incorporators in said lateral, said incorporators to receive shares of stock in said
corporation for their holdings, the corporation as organized has power, under the
eminent domain laws of the state of Colorado, to condemn the interest in said
lateral belonging to the owners of the remaining forty percent or less of the lands
so served by the lateral.

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Whenever the owners of
sixty percent or more of the area of lands served by any one lateral ditch used for
the delivery of water for irrigation from a common source organizes a corporation
having for its object the taking over and owning of all of the interests of the
incorporators in said lateral, said incorporators to receive shares of stock in said
corporation for their holdings, the corporation as organized has power, under the
eminent domain laws of the state of Colorado, to condemn the interest in said
lateral belonging to the owners of the remaining forty percent or less of the lands
so served by the lateral.

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