This bill addresses water rights, shares in water companies, and their relationship to land conveyances.
This bill:
- modifies provisions related to the transfer of shares in water companies;
- addresses that ownership of a share of stock is not maintained on the records of the state engineer;
- addresses the nature of water company shares and the relationship to water companies; and
- makes technical and conforming amendments.

Statutes affected:
Introduced: 73-1-10, 73-1-11