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<br />CONCEPTS ASSOCIATED WITH <br />WATER TRANSFERS <br />(continued) <br /> <br />r-,) <br />("j <br />..,., <br />,'. <br /> <br />-! <br /> <br />. The "Law of the River": <br /> <br />1) Provides protection of each state's rights to develop <br />and use its apportioned water. <br /> <br />2) Mandates that the reasonable beneficial consumptive <br />use within the Colorado River Basin be maximized as <br />each state develops its compact and decree <br />. <br />apportionments. <br /> <br />3) Allows flexibility in operating the river system to meet <br />water supply needs. <br /> <br />4) Allows innovative approaches to be implemented to <br />better manage the available water resource. <br /> <br />5) Does not prohibit the interstate transfer of water. <br />