Colorado § 39-7-104 - Failure to file statement.
Full text of Colorado Colorado Revised Statutes § 39-7-104 — Failure to file statement., with citation guidance and answers to common questions.
§ 39-7-104. Failure to file statement.
If any person owning or operating any oil and gas leaseholds or lands producing or capable of producing oil or gas on the assessment date fails or refuses to prepare and file the statement required by the provisions of section 39-7-101, then the assessor shall list such property and value the same for assessment on the basis of the best information available to and obtainable by him.
Source: L. 64: R&RE, p. 711, § 1. C.R.S. 1963: § 137-7-4.
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).
Frequently Asked Questions About Colorado § 39-7-104
What does Colorado Revised Statutes § 39-7-104 cover?
Section 39-7-104 ("Failure to file statement.") 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 § 39-7-104?
A common citation format is "Colorado Revised Statutes § 39-7-104" (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 § 39-7-104 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.