Colorado § 37-88-106 Aiding in the construction

Colorado Statutes

§ 37-88-106 — Aiding in the construction

Colorado·Title 37 Water and·Art. State Canals and Reservoirs

For the purpose of aiding in the
construction of said ditches, canals, reservoirs, and feeders, the department of
corrections is authorized to receive subscriptions and advancements of money from
persons owning land along the line of said proposed ditches, canals, reservoirs, and
feeders, or persons desiring the construction of the same, and to issue receipts or
certificates to such persons so advancing money for the amount thereof, which
receipt or certificate shall draw interest at the rate of seven percent per annum,
and both principal and interest shall be payable in water to be taken from said
ditches, canals, reservoirs, or feeders, under such rules and regulations as may be
adopted by said department and the state engineer and approved by the governor
of the state.

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For the purpose of aiding in the
construction of said ditches, canals, reservoirs, and feeders, the department of
corrections is authorized to receive subscriptions and advancements of money from
persons owning land along the line of said proposed ditches, canals, reservoirs, and
feeders, or persons desiring the construction of the same, and to issue receipts or
certificates to such persons so advancing money for the amount thereof, which
receipt or certificate shall draw interest at the rate of seven percent per annum,
and both principal and interest shall be payable in water to be taken from said
ditches, canals, reservoirs, or feeders, under such rules and regulations as may be
adopted by said department and the state engineer and approved by the governor
of the state.

Colorado § 37-88-106 (Aiding in the construction) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 1889: p. 286, � 6. R.S. 08: � 3504. C.L. � 1938. CSA: C. 90, � 355. CRS 53: � 147-17-6. C.R.S. 1963: � 148-17-6. L. 77: Entire section amended, p. 955, � 36, effective August 1.