Definitions (Rule 10)

01. Board. The Idaho Water Resource Board. (3-18-22) 02. Board's Water Supply Bank. The water exchange market operated directly by the Board to facilitate marketing of water rights. (3-18-22) 03. Director. The Director of the Idaho Department of Water Resources. (3-18-22) 04. Department. The Idaho Department of Water Resources. (3-18-22) 05. Lease. To convey by contract a water right to the Board’s water supply bank or stored water to a rental pool operated by a local committee. (3-18-22) 06. Local Committee. The committee which has been designated by action of the Board to facilitate marketing of stored water by operating a rental pool pursuant to Section 42-1765, Idaho Code. (3-18-22) 07. Natural Flow. Water or the right to use water that exists in a spring, stream, river, or aquifer at a certain time and which is not the result of the storage of water flowing at a previous time. (3-18-22) 08. Rent. To convey by contract a water right from the Board’s water supply bank or stored water from a rental pool. (3-18-22) 09. Rental Pool. A market for exchange of stored water operated by a local committee. (3-18-22) 10. Stored Water. Water made available by detention in surface reservoirs or storage space in a surface reservoir. (3-18-22) 11. Water Right. The right to divert and beneficially use the public waters of the state of Idaho including any storage entitlement. (3-18-22) 12. Water Supply Bank. The water exchange market operated by the Water Resource Board pursuant to Section 42-1761 through 42-1766, Idaho Code, and these rules and is a general term which includes the Board’s water supply bank and rental pools. (3-18-22) 13. Year. A time period of twelve (12) consecutive months. (3-18-22) 14. Person. Any company, corporation, association, firm, agency, individual, partnership, Indian tribe, government or other entity. (3-18-22) IDAHO ADMINISTRATIVE CODE IDAPA 37.02.03 Department of Water Resources Water Supply Bank Rules Section 025 Page 4 011. -- 024. (RESERVED)