The title to property acquired under the provisions of articles 20 to 30 of this title shall vest in such drainage district in its corporate name. Said property shall be held by such district in trust for, and is hereby dedicated and set apart for, the uses and purposes set forth in articles 20 to 30 of this title and shall be exempt from taxation. The board of directors is authorized to hold, use and acquire, manage, occupy, and possess said property.
Source: L. 11: p. 317, § 27. C.L. § 2134. CSA: C. 57, § 28. CRS 53: § 47-2-7. C.R.S. 1963: § 47-2-7.
Structure Colorado Code
Title 37 - Water and Irrigation
Article 21 - Directors - Duties - Elections
§ 37-21-101. Directors to Exercise Powers
§ 37-21-102. Meetings of Directors
§ 37-21-103. Meetings Public - Quorum
§ 37-21-104. President - Secretary - Seal
§ 37-21-105. Directors - Election
§ 37-21-106. Directors to Qualify
§ 37-21-107. Failure of Director to Qualify
§ 37-21-109. Directors - Secretary - Salary
§ 37-21-111. Right to Enter Upon Land in District
§ 37-21-112. Office of District
§ 37-21-113. Property to Vest in District
§ 37-21-113.5. Sale of District Property
§ 37-21-114. Construction of System - Contracts
§ 37-21-115. Notice of Election
§ 37-21-117. Judges of Election
§ 37-21-118. Judges - Vacancies Filled by Voters
§ 37-21-119. Oaths - Judges and Clerks
§ 37-21-120. Count of Ballots - Returns
§ 37-21-121. Canvass of Returns
§ 37-21-122. Tie Vote Determined by Lot
§ 37-21-123. Statement of Result