Yuma County Board Of Equalization V. Cabot Petroleum Corp‪.‬

Petitioners, Yuma County Board of Equalization (BOE) and the Board of Assessment Appeals of the State of Colorado (BOAA), petition from the court of appeals opinion in Cabot Petroleum Corporation v. Yuma County Board of Equalization, 847 P.2d 152 (Colo. App. 1992), wherein the court of appeals determined that certain property tax assessments imposed on oil and gas leasehold interests were impermissibly retroactive and could not stand. We reverse and remand for further proceedings consistent with this opinion.