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<br />., <br /> <br />e <br /> <br />1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br /> <br />e <br /> <br />e <br /> <br />WATER RIGHTS ADJUDICATION SYSTEM. THE GENERAL ASSEMBLY AFFIRMS <br /> <br /> <br />THE STATE CONSTlTlITION'S RECOGNITION OFW ATERRIGHTS AS A PRN ATE <br /> <br /> <br />USUFRUCTUARY PROPERTY RIGHT, AND THIS ARTICLE IS NOT INTENDED TO <br /> <br /> <br />RESTRICT THE ABILITY OF THE HOLDER OF A WATER RIGHT TO USE OR TO <br /> <br /> <br />DISPOSE OF THAT WATER RIGHT IN ANY MANNER PERMITTED UNDER <br />- <br /> <br />COLORADO LAW. <br /> <br />(2) THE GENERAL ASSEMBLY AFFIRMS THE PROTECTIONS FOR <br /> <br /> <br />CON1RACTUAL AND PROPERTY RIGHTS RECOGNIZED BY THE CON1RACT <br /> <br />AND TAKINGS PROTECTIONS UNDER THE STATE CONSTITUTION AND <br /> <br /> <br />RELATED STATUrES. THIS ARTICLE SHALL NOT BE IMPLEMENTED IN ANY <br /> <br /> <br />WAY THAT WOULD DIMINISH, IMPAIR, OR CAUSE INJURY TO ANY PROPERTY <br /> <br />OR CON1RACTUAL RIGHT CREATED BY INTERGOVERNMENTAL <br /> <br /> <br />AGREEMENTS, CON1RACTS, STIPULATIONS AMONG PARTIES TO WATER <br /> <br /> <br />CASES, TERMS AND CONDITIONS IN WATER DECREES, OR ANY OTHER <br /> <br />SIMILAR DOCUMENT RELATED TO THE ALLOCATION OR USE OF WATER. <br /> <br /> <br />THIS ARTICLE SHALL NOT BE CONSTRUED TO SUPERSEDE, ABROGATE, OR <br /> <br />CAUSE INJURY TO VESTED WATER RIGHTS OR DECREED CONDmONAL <br /> <br /> <br />WATER RIGHTS. THE GENERAL ASSEMBLY AFFIRMS THAT THIS ARTICLE <br /> <br /> <br />DOES NOT IMPAIR, LIMIT, OR OTIlERWISE AFFECT TIlE RIGHTS OF PERSONS <br /> <br />OR ENTITIES TO ENTER INTO AGREEMENTS, CONTRACTS, OR MEMORANDA <br /> <br /> <br />OF UNDERSTANDING WITH OTHER PERSONS OR ENTITIES RELATING TO THE <br /> <br /> <br />APPROPRIATION, MOVEMENT, OR USEOFW ATER UNDER OTHER PROVISIONS <br /> <br /> <br />OF LAW. <br /> <br />37-75-103. Director of compact negotiations. (1) WITHIN <br /> <br /> <br />THIRTY DAYS AFTER TIlE EFFECTIVE DATE OF THIS ARTICLE, THE <br /> <br /> <br />GOVERNOR SHALL APPOINT ADIRECTOROFCOMPACTNEGOTIATIONS, WHO <br /> <br />SHALL ACT AS THE OVERSEER AND CARETAKER OF THE COMPACT <br /> <br />-3- <br /> <br />1177 <br />