If your water hasn't been put to beneficial use for 4 consecutive years it is in danger of being taken for non-use. This includes where your home lies, driveways, patios and etc. You aren't giving away your water right. You are acknowledging and protecting the water right you have that is not currently used
In 2003 State Statute 73-2-55.1 was passed allowing acequias and community ditches to establish a water bank to protect your water.
First you will need a copy of your deed and your change of ownership, along with your tax bill.
Come into our office and we will work with you to determine how much of your water right is not being used. There is a one time $30.00 fee to complete your waterbanking.