Colorado § 43-1-1305 Acquisition for state rail bank

Colorado Statutes

§ 43-1-1305 — Acquisition for state rail bank

Colorado § 43-1-1305

Title 43Transportation

Art.General and Administrative

This text of Colorado § 43-1-1305 (Acquisition for state rail bank) 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. § 43-1-1305 (2026).

Text

(1)The department, subject to section 43-1-1303, may acquire by purchase all or part of any eligible rail line or right-of-way made available as provided in this part 13. Rail lines and rights-of-way purchased by the department pursuant to this part 13 shall constitute the state rail bank.

(2)Prior to any acquisition of a rail line or right-of-way pursuant to this part 13 or section 43-1-803, the department shall prepare an environmental audit of the property and shall consider the environmental condition of the property in its acquisition.

(3)The commission shall review any property determined to be eligible for acquisition and approve the acquisition before the executive director submits the prioritized list of rail line or right-of-way to be acquired to the TLRC pursuant t

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(1) The department, subject to
section 43-1-1303, may acquire by purchase all or part of any eligible rail line or
right-of-way made available as provided in this part 13. Rail lines and rights-of-way
purchased by the department pursuant to this part 13 shall constitute the state rail
bank.

(2) Prior to any acquisition of a rail line or right-of-way pursuant to this part
13 or section 43-1-803, the department shall prepare an environmental audit of the
property and shall consider the environmental condition of the property in its
acquisition.

(3) The commission shall review any property determined to be eligible for
acquisition and approve the acquisition before the executive director submits the
prioritized list of rail line or right-of-way to be acquired to the TLRC pursuant to
section 43-1-1303 (3).

(4) Repealed.

Legislative History

Source: L. 97: Entire part added, p. 1620, � 2, effective June 4. L. 98: (4) added, p. 496, � 1, effective April 22. L. 99: (4)(c)(I), (4)(e), and (4)(f) amended, p. 544, � 3, effective May 5. L. 2002: (4)(e) amended, p. 262, � 1, effective August 7.