Colorado Statutes
§ 38-43-104 — Private or public sale of lease
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.
Nearby Sections
15
§ 38-1-101.5
Necessity of taking land for pipelines§ 38-1-101.7
Limitations on the use of right-of-way§ 38-1-102
Petition - contents - parties§ 38-1-103
Summons - return - publication§ 38-1-104
Trial - amendments - rules§ 38-1-106
Jury§ 38-1-108
Order of possession§ 38-1-109
Intervention - cross petition§ 38-1-110
Appellate review§ 38-1-111
Possession pending appeal§ 38-1-112
Payment to clerk or owner§ 38-1-113
Verdict recorded§ 38-1-115
Contents of report or verdict