Colorado Statutes

§ 38-42-101 — Lease with option to purchase, title requirements

Colorado § 38-42-101
JurisdictionColorado
Title 38Property -
Art.Oil, Gas, and Mining Leases

This text of Colorado § 38-42-101 (Lease with option to purchase, title requirements) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Colo. Rev. Stat. § 38-42-101 (2026).

Text

Every oil and gas or mining lease containing any provision whereby the lessor grants and sells to the lessee therein a right or option, at any time during the term thereof or any extensions or renewals thereof, to purchase any part of the lessor's mineral or royalty interest in, on, or under the leased premises shall clearly state in the heading or title of the lease that such right or option is contained therein; but the customary provision contained in such leases permitting the lessee to purchase or sell the lessor's share of production and to account to lessor for the proceeds thereof shall not be deemed to be such a right or option.

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Legislative History

Source: L. 55: p. 724, � 1. CRS 53: � 118-13-1. C.R.S. 1963: � 118-13-1.

Nearby Sections

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Bluebook (online)
Colorado § 38-42-101, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/38/38-42-101.