(a) All allocations shall give reasonable preference:

1. (1) First to sustaining life;
2. (2) Then to maintaining health; and
3. (3) Finally to increasing wealth.

(b) The allocations shall reserve the water required for domestic and municipal-domestic use, federal water rights, and for minimum streamflow and shall then give preference in the following order for water uses and for types of water diversions:

1. (1) Priority of water use:

   1. (A) Agriculture;
   2. (B) Industry;
   3. (C) Hydropower; and
   4. (D) Recreation; and

2. (2) Priority of water diversions:

   1. (A) Riparian;
   2. (B) Nonriparian intrabasin transfer;
   3. (C) Nonriparian interbasin transfer; and
   4. (D) Out-of-state transfer.