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Abstract

I. Introduction

II. Preferences, Priorities, and Water Doctrine … A. Riparian … B. Prior Appropriation

III. Constitutional and Statutory Modifications … A. Appropriation Permit System … B. Preferences in Times of Scarcity … C. Other Forms of Legislative Preferences … D. Some Observations

IV. Operational Aspects of Preferences … A. True Preferences … B. Power to Condemn—The Compensatory Preference

V. Permit Systems and Model Water Codes

VI. Other Restrictions on Transfer and Use

VII. An Alternative Model … A. The Water Market and Conservation … B. Implementation … C. Governmental Control and the Market Model … D. Transitional Period and Method … E. Administrative Feasibility

VIII. Conclusion

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