Ownership of the Rio Grande is a complex legal tapestry involving international treaties and domestic water rights. Geographically, it belongs to the sovereign territories it flows through—the United States (Colorado, New Mexico, Texas) and Mexico (where it is known as the Río Bravo). However, its "waters" are governed by the 1944 Water Treaty, managed by the International Boundary and Water Commission (IBWC), which dictates how much water each country must deliver to the other. Domestically, the U.S. Bureau of Reclamation manages much of the river's infrastructure, while private water rights are owned by various irrigation districts, Native American Tribes and Pueblos (who hold senior "ancestral" rights), and municipal governments. In short, nobody "owns" the river entirely; it is a shared resource bound by strict binational and interstate compacts.