Title 53C Chapter 4

Title 53CSchool and Institutional Trust Lands Management Act (Download: PDF | RTF | WordPerfect)
Chapter 4Sales, Exchanges, and Leases of Trust Lands (Download: PDF | RTF | WordPerfect)
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Section 101 Criteria for sale, lease, exchange, or other disposition of trust lands.
Section 102 Sale of trust lands -- Fair market value -- Determination of sale -- Advertising proposed sales -- Sale procedures -- Defaults.
Section 103 Rulemaking for sale of real property -- Licensed or certified appraisers -- Exceptions.
Section 201 Surface leases and user permits -- Procedures for issuing leases and user permits.
Section 202 Lease and permit covenants.
Section 203 Easements on trust lands -- Director to establish rules.
Section 301 Exchange of trust lands -- Based on equal value -- Lands encumbered by a lease.
Section 302 Public land grants -- Board and director to request a survey.
Section 303 Public land grants -- Procedures for selection of additional lands.
Section 304 Public land grants -- Transcription of selected lands to be sent to county recorders.
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