Colorado § 39-7-108 Collection

Colorado Statutes

§ 39-7-108 — Collection

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

Beginning January 1, 1980, when taxes on oil and gas
leaseholds and lands are due, such taxes shall be a debt due from the owner or the
unit operator as the case may be and shall be recoverable by the treasurer by direct
action in debt; except that such taxes treated as debt due from a fractional interest
owner shall not exceed the amount of taxes for which the fractional owner is liable,
as provided in section 39-10-106. The treasurer may also collect such debt as if the
property were personal property.

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

Beginning January 1, 1980, when taxes on oil and gas
leaseholds and lands are due, such taxes shall be a debt due from the owner or the
unit operator as the case may be and shall be recoverable by the treasurer by direct
action in debt; except that such taxes treated as debt due from a fractional interest
owner shall not exceed the amount of taxes for which the fractional owner is liable,
as provided in section 39-10-106. The treasurer may also collect such debt as if the
property were personal property.

Colorado § 39-7-108 (Collection) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.