(1) The board has the following powers concerning the management, control, delivery, use, and distribution of water by the district:
To make and enforce all reasonable rules and regulations for the management, control, delivery, use, and distribution of water;
To withhold the delivery of water upon which there are any defaults or delinquenciesof payment;
To provide for and declare forfeitures of rights to the use of water upon default orfailure to comply with any order, contract, or agreement for the purchase, lease, or use of water and to resell, lease, or otherwise dispose of water upon which forfeiture has been declared;
To allocate and reallocate the use of water to lands within the district;
To provide for and grant the right, upon terms, to transfer water from lands to whichwater has been allocated to other lands within the district and to discharge liens from lands to which the same was theretofore attached and to create liens, as provided in this article, upon lands to which the use of such water is transferred.
Source: L. 37: p. 1347, § 28. CSA: C. 173B, § 42. CRS 53: § 149-6-29. C.R.S. 1963: § 150-5-29.