Colorado § 39-7-105 - Assessor to examine books, records.
Full text of Colorado Colorado Revised Statutes § 39-7-105 — Assessor to examine books, records., with citation guidance and answers to common questions.
§ 39-7-105. Assessor to examine books, records.
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.
ANNOTATION
This section authorizes retroactive assessments for ad valorem taxes when the taxpayer has caused the incorrect valuation of a gas leasehold. Yuma County Bd. of Equalization v. Cabot Petroleum, 856 P.2d 844 (Colo. 1993).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 39-7-105
What does Colorado Revised Statutes § 39-7-105 cover?
Section 39-7-105 ("Assessor to examine books, records.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 39-7-105?
A common citation format is "Colorado Revised Statutes § 39-7-105" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 39-7-105 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.