Colorado § 39-7-103 Surface and subsurface equipment valued separately

Colorado Statutes

§ 39-7-103 — Surface and subsurface equipment valued separately

Colorado·Title 39 Taxation·Art. Valuation of Oil and Gas

All
surface oil and gas well equipment and submersible pumps and sucker rods located
on oil and gas leaseholds or lands shall be separately valued for assessment as
personal property, and such valuation may be at an amount determined by the
assessors of the several counties of the state, approved by the administrator, and
uniformly applied to all such equipment wherever situated in the state. All other
subsurface oil and gas well equipment, including casing and tubing, shall be valued
as part of the leasehold or land under section 39-7-102.

Free access — add to your briefcase to read the full text and ask questions with AI

All
surface oil and gas well equipment and submersible pumps and sucker rods located
on oil and gas leaseholds or lands shall be separately valued for assessment as
personal property, and such valuation may be at an amount determined by the
assessors of the several counties of the state, approved by the administrator, and
uniformly applied to all such equipment wherever situated in the state. All other
subsurface oil and gas well equipment, including casing and tubing, shall be valued
as part of the leasehold or land under section 39-7-102.

Colorado § 39-7-103 (Surface and subsurface equipment valued separately) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.