Hm... Seems like rain water isn't really property water until it reaches the property... so if you're catching it out of the air, and the water rights apply to water on the property, it's not really subject to water rights laws, eh?
I mean, unless Colorado's title laws allow land ownership to the area of the land deed, including area below ground and above ground, in which case, whoever owns the water rights to that property would still have property rights to the water falling from the sky.
However, if CO's deeds don't include the area above the land in their ownership (which must be in detail, of course), noone can say anything about capturing rain water, as ownership doesn't take place until it becomes property water.
Someone should look into that, really.
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