Colorado § 36-1-147 - Geothermal leases.
Full text of Colorado Colorado Revised Statutes § 36-1-147 — Geothermal leases., with citation guidance and answers to common questions.
§ 36-1-147. Geothermal leases.
(1) The state board of land commissioners may lease any portion of the land of the state, or any interest therein, for the purposes of exploring for, producing, and developing the geothermal resources thereunder at a rental to be determined by the board, except as provided in sections 36-1-113, 36-1-118, and 36-1-147.5.
(2) The geothermal leasing arrangements authorized by subsection (1) of this section shall include provision for:
(a) The filing of a surety bond to assure compliance with the lease terms and the requirements of article 90.5 of title 37, C.R.S.;
(b) Royalties on both the geothermal resource and its by-product;
(c) The protection of the environment, including but not necessarily limited to the air quality, the ground and surface water quality, and the land surface, as well as the rest of the environment.
(3) The geothermal leasing arrangements authorized by subsection (1) of this section are to be administered by the state board of land commissioners in a manner which encourages the maximum economic recovery of geothermal resources, prevents waste of said resources, and protects the public interest in the lands of the state by requiring the exploration for the development and protection of geothermal resources to proceed in an environmentally acceptable manner.
(4) All existing leases on state lands for the development of geothermal resources are hereby validated as though they had been issued pursuant to the authority of this article.
Source: L. 74: Entire section added, p. 315, § 6, effective May 17. L. 83: (2)(a) amended, p. 1424, § 4, effective June 10. L. 2007: (1) amended, p. 620, § 2, effective August 3.
Frequently Asked Questions About Colorado § 36-1-147
What does Colorado Revised Statutes § 36-1-147 cover?
Section 36-1-147 ("Geothermal leases.") 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 § 36-1-147?
A common citation format is "Colorado Revised Statutes § 36-1-147" (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 § 36-1-147 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.