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Colo. Rev. Stat. § 38-43-101 Appointment of trustee to make oil, gas, or other mineral lease where contingent future interests are involved
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(1) Where lands in this state, or any estate or interest therein, are subject to contingent future interests, legal or equitable, whether arising by way of remainder, reversion, possibility of reverter, executory devise, upon the happening of a condition subsequent, or otherwise,…
Colo. Rev. Stat. § 38-43-102 Parties - representation of minors, persons of unsound mind, and persons not in being
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All persons in being having a vested, contingent, or possible interest in the lands or estate or interest sought to be leased shall be made parties to such proceedings, and all persons unknown and all persons not in being, who may have or become entitled to a vested, contingent, …
Colo. Rev. Stat. § 38-43-103 Contents of complaint
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The complaint shall describe the property sought to be leased with reasonable certainty and, insofar as it is known to the plaintiff or as can be ascertained with reasonable diligence, shall set forth the names of all persons interested in such property together with their respec…
Private or public sale of lease
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The court, after a hearing, may thereupon by order approve the leasing of said property by private contract with the proposed lessee and shall appoint a trustee, as provided in this article, and direct such trustee to execute such lease on the form proposed or such form as is sat…