On January 11, 2012, Rep. Baumgardner and Sen. Giron introduced HB 12-1010 – Concerning the reissuance of a lost share certificate of a mutual ditch company. This summary is published here courtesy of the Colorado Bar Association’s e-Legislative Report.
Water Resources Review Committee. If a person loses a mutual ditch share certificate, the person may file with the mutual ditch company a request for reissuance of the certificate, but current law requires the company to wait for 3 years before issuing a replacement certificate. The bill eliminates the 3-year period and specifies that a person who is named in the books of the company as a lienholder on the lost certificate is also entitled to file a request for reissuance of a lost certificate.
Summaries of other featured bills can be found here.