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7. The laws of the State of Colorado and rules and regulations adopted pursuant thereto shall be applied in the interpretation, execution, and enforcement of this contract. Any provision of this contract whether or not incorporated herein by reference which provides for arbitration by any extra-judicial body or person or which is otherwise in conflict with said laws, rules, and regulations shall be considered null and void, Nothing contained in any provision incorporated herein by reference which purports to negate this or any other special provision in whole or in part shall be valid or enforceable or available in any action at law whether by way of complaint, defense or otherwise, Any provision rendered null and void by the operation of this provision will not invalidate the remainder of this contract to the extent that the contract is capable of execution. 8. At all times during the performance of this contract, the CONTRACTOR shall strictly adhere to all applicable federal and state laws, rules, and regulations that have been or may hereafter be established. 9. Pursuant to CRS 24-30-202.4 (as amended), the state controller may withhold debts owed to state agencies under the vendor offset intercept system for: (a) unpaid child support debt or child support arrearages; (b) unpaid balance of tax, accrued interest, or other charges specified in Article 22, Title 39, CRS; (c) unpaid loans due to the student loan division of the department of higher education; (d) owed amounts required to be paid to the unemployment compensation fund; and (e) other unpaid debts owing to the state or any agency thereof, the amount of which is found to be owing as a result of final agency determination or reduced to judgment as certified by the controller. 10. The signatories aver that they are familiar with C.R,S. 18-8-301, et seq" (Bribery and Corrupt Influences) and 18-8-401, et seq" (Abuse of Public Office). and that no violation of such provisions is present. 11. The signatories aver that to their knowledge, no state employee has any personal or beneficial interest whatsoever in the service or property described herein, IN WITNESS WHEREOF, the parties hereto have executed this contract on the day first above written. CONTRACTOR: Plumb and Dailey Ditch Company, a Colorado nonprofit corporation By p ~1!ht;IM -;:14 Les Williams, President State of Colorado Bill Owens, Gover or FederallD Numbe,: 84-0293625 By For e Executive Dir ctor Department of Natural Resources COLORADO WATER CONSERVATION BOARD Dan McAuliffe, Acting Director Attest (Seal) By T'''-''iAA..T: /,fj If M rgwet Hill, Corporate Secretary APPROVALS By ARTHUR L. BARNH~TATE CONTROLLER By -(<c/4/)o ~ / Effective Date II It I tJo Plumb and Dailey Ditch Company Page 12 of 12 Loan Contract