2 CCR 402-12.4 - Delegation of Administration of Water Bank
A.
Pursuant to section
37-80.5-104.5(1)(d),
the State Engineer delegates administration and operation of the Water Bank to
the Upper Arkansas Water Conservancy District. Said District has full authority
to administer the Water Bank's operations pursuant to section
37-80.5-104.5, including any power
to act outside the geographic boundaries of the District when necessary to
administer the Water Bank.
B. As
administrator and operator of the water bank, the District is authorized to
charge a transaction fee for deposits, withdrawals, or both, sufficient to
cover the Water Bank's administration costs.
Notes
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