Whenever any irrigation district organized under this article 42 acquires water in excess of its own needs or becomes the owner of water or rights capable of use for other purposes than those for which it was organized, without impairing or injuring such use, it may lease the water or rights for use within or without the district for any beneficial use permitted by decree or applicable law, upon affirmative vote of the board of directors authorizing the lease, and the rentals derived from the lease shall be paid into the general fund of the district. At its option the board of directors may cancel any lease upon which any rental is past due and unpaid.
Source: L. 21: p. 552, § 35. C.L. § 2091. CSA: C. 90, § 466. CRS 53: § 149-2-35. C.R.S. 1963: § 150-2-35. L. 2017: Entire section amended, (HB 17-1030), ch. 16, p. 53, § 12, effective August 9.
Structure Colorado Code
Title 37 - Water and Irrigation
Article 42 - Irrigation District Law of 1921
§ 37-42-101. Petition for Organization - Schedule - Bond
§ 37-42-102. Date of Hearing - Notice
§ 37-42-103. Preliminary Report
§ 37-42-104. Hearing - Adjournments
§ 37-42-105. Adverse Report - Investigations
§ 37-42-106. Notice of Organization Meeting and Election
§ 37-42-107. Organization - Meeting - Voting
§ 37-42-108. Directors - Election
§ 37-42-109. Directors to File Map
§ 37-42-110. Directors to Organize - Powers
§ 37-42-111. Meetings of Directors - Notice
§ 37-42-112. District Elections - Definition
§ 37-42-113. Powers of District
§ 37-42-114. Landowners - Definition - Evidence of Ownership
§ 37-42-115. Land Board as Landowner
§ 37-42-117. Directors to Adopt Plans
§ 37-42-118. Bond Election - Ballots
§ 37-42-121. Sale of Bonds - Notice
§ 37-42-122. Bonds - Assessments
§ 37-42-123. Rescission of Action Authorizing Bonds
§ 37-42-124. Construction of Works - Bids - Notice - Contract - Bond
§ 37-42-125. Fiscal Year - Appropriation Resolution
§ 37-42-126. Assessment of Lands - Valuation
§ 37-42-127. Levy to Pay Interest and Expenses
§ 37-42-128. Collection of Assessments
§ 37-42-130. Call of Bonds - Surplus Fund
§ 37-42-131. Payment of General Expenses
§ 37-42-132. Relief From Bonded Indebtedness
§ 37-42-133. Exclusion of Land From District
§ 37-42-134. Inclusion of Land in District
§ 37-42-135. District to Lease Surplus Water
§ 37-42-136. Drainage of Lands - Surveys
§ 37-42-137. Sale of Surplus Water - Proceeds
§ 37-42-138. Confirmation of Organization and Bonds
§ 37-42-139. Dissolution of District - Election