The assessor has the authority and right at any time to examine the books, accounts, and records of any person owning or operating such oil and gas leaseholds and lands in order to verify the statement filed by such person, and, if from such examination he finds such statement or any material part thereof to be willfully false and misleading, he shall proceed to value such oil and gas leaseholds or lands for assessment as though no statement had been filed.
Source: L. 64: R&RE, p. 711, § 1. C.R.S. 1963: § 137-7-5.
Structure Colorado Code
Article 7 - Valuation of Oil and Gas Leaseholds and Lands
§ 39-7-101. Statement of Owner or Operator
§ 39-7-102. Valuation for Assessment
§ 39-7-102.5. Calendar for Notice of Valuation and Appeals
§ 39-7-102.7. Notice of Valuation - Public Record
§ 39-7-103. Surface and Subsurface Equipment Valued Separately
§ 39-7-104. Failure to File Statement
§ 39-7-105. Assessor to Examine Books, Records
§ 39-7-106. False Statement - Penalty
§ 39-7-107. Oil and Gas Lands in More Than One County
§ 39-7-109. Valuation of Severed Nonproducing Oil or Gas Mineral Interests