Colorado Statutes
§ 38-43-108 — Disposition of proceeds
The proceeds of sale, and the reversion
subject to any such lease for the development of minerals, including oil, gas, and
other natural resources, or any of them, together with the proceeds, rentals, and
royalties accruing from any such lease, shall, in all respects, be substituted for and
stand in place of the property so leased, as regards the ownership and enjoyment
thereof, and all persons shall have the same estates or interests, vested,
contingent, or executory in such proceeds of sale, or in the reversion subject to any
such lease, together with the proceeds, rentals, and royalties accruing from any
such lease as they had or would have had in the property so leased. The proceeds of
sale or bonus and rentals payable under the terms of such lease coming into the
hands of th
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Legislative History
Source: L. 55: p. 730, � 8. CRS 53: � 118-14-8. C.R.S. 1963: � 118-14-8.
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