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Colo. Rev. Stat. § 37-80.5-101 Short title
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This article shall be known and may be cited as the "Arkansas River Pilot Water Banking Act". Source: L. 2001: Entire article added, p. 1060, § 1, effective June 5.
Colo. Rev. Stat. § 37-80.5-102 Legislative declaration
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The general assembly hereby finds, determines, and declares that the purpose of this article is to authorize the creation of water banks within each water division to be operated under strict parameters established by rules approved by the water court. Accordingly, this article p…
Colo. Rev. Stat. § 37-80.5-103 Definitions
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As used in this article, unless the context otherwise requires: (1) "Bank" means a water bank operated pursuant to rules promulgated under this article. (2) "Program" means a water bank program created in this article. Source: L. 2001: Entire article added, p. 1061, § 1, effectiv…
Colo. Rev. Stat. § 37-80.5-104.5 Water banks within each water division - duties of state engineer - rules
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(1) (a) Upon request by a water conservancy district or water conservation district, the state engineer shall promulgate program rules necessary or convenient for the operation of a water bank within the division in which such district is located. The state engineer shall hold pu…