Colorado § 38-43-105 - Terms of lease: Pooling and unitization.
Full text of Colorado Colorado Revised Statutes § 38-43-105 — Terms of lease: Pooling and unitization., with citation guidance and answers to common questions.
§ 38-43-105. Terms of lease: Pooling and unitization.
Any lease which covers minerals or natural resources other than oil or gas or related hydrocarbons shall be for such term and contain such provisions as may be approved by the court. A lease which specifically covers oil and gas and which may also cover other minerals may be for a primary term not exceeding ten years and as long thereafter as oil, or gas, or other minerals may be produced from the premises embraced in such lease or as long as drilling operations are diligently continued. Such oil and gas lease may provide for pooling, unitization, or consolidation of the leased premises, or any part thereof, with other lands in the same general area to establish a cooperative or unit plan of development or operation and for the apportionment of royalties on production from any such unitized area on an acreage basis. The trustee appointed under this article, or any successor trustee, shall have the power at any time while such trust continues, with the approval of the court, to enter into any agreement providing for such pooling or unitization of all or any part of the leased premises and to bind thereby the said property and all owners thereof having any interest therein whether present, future, or contingent.
Source: L. 55: p. 728, § 5. CRS 53: § 118-14-5. C.R.S. 1963: § 118-14-5.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 38-43-105
What does Colorado Revised Statutes § 38-43-105 cover?
Section 38-43-105 ("Terms of lease: Pooling and unitization.") 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 § 38-43-105?
A common citation format is "Colorado Revised Statutes § 38-43-105" (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 § 38-43-105 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.