Colorado Code § 36-1-125

Reservations of rights on sale
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(1) All sales of state lands shall be held at the
state capitol unless otherwise directed by the state board of land commissioners. The state board
of land commissioners shall reserve to the state all rights to all minerals, ores, and metals of any
kind and character, and all coal, asphaltum, oil, gas, or other like substances in or under such
land, and all geothermal resources and the right of ingress and egress for the purpose of mining,
together with enough of the surface of the same as may be necessary for the proper and
convenient working of such minerals and substances.
(2) All patents and certificates of purchase on state or school lands issued before March
31, 1919, and in which a reservation of rights to minerals, ores, and metals of any kind or
character whatsoever, or coal, asphaltum, oil, gas, and other like substances, or geothermal
resources has been made are validated. The holders of such certificates of purchase or the
owners of said lands so patented shall by contract, deed, or other agreement acknowledge or
reconvey to the state the minerals and substances so reserved, and the state board of land
commissioners is authorized to accept on behalf of the state such deeds and conveyances and to
make such agreements as may be necessary to carry out the provisions of this article.
(3) All patents and certificates of purchase issued before March 31, 1919, describing the
lands with reference to legal subdivisions shown by the United States official survey, or by lots,
blocks, or tracts shown on a recorded plat, or by metes and bounds descriptions, are validated.

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