Colorado Statutes

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

Colorado § 39-7-103
JurisdictionColorado
Title 39Taxation
Art.Valuation of Oil and Gas

This text of Colorado § 39-7-103 (Surface and subsurface equipment valued separately) 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. § 39-7-103 (2026).

Text

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.

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Legislative History

Source: L. 64: R&RE, p. 711, � 1. C.R.S. 1963: � 137-7-3. L. 76: Entire section amended, p. 775, � 1, effective January 1, 1977.

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Bluebook (online)
Colorado § 39-7-103, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/39/39-7-103.