Colorado Statutes

§ 38-43-104 — Private or public sale of lease

Colorado § 38-43-104
JurisdictionColorado
Title 38Property -
Art.Oil, Gas, and Other

This text of Colorado § 38-43-104 (Private or public sale of lease) 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. § 38-43-104 (2026).

Text

The court, after a hearing, may thereupon by order approve the leasing of said property by private contract with the proposed lessee and shall appoint a trustee, as provided in this article, and direct such trustee to execute such lease on the form proposed or such form as is satisfactory to the court, and such lease so executed shall be valid and binding and conclusive on all parties. The court, in its discretion, may order the leasing of said property to be conducted at public sale upon such notice and in such manner as the court shall direct. In the event of a public sale, such sale shall be reported back to the court and no lease shall be executed and delivered by the trustee until and unless the sale of said lease is approved by the court.

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Legislative History

Source: L. 55: p. 728, � 4. CRS 53: � 118-14-4. C.R.S. 1963: � 118-14-4.

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Bluebook (online)
Colorado § 38-43-104, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/38/38-43-104.