29-3-40 - Farm residential or residential lands exchanged for other lands of equal value.
§ 29-3-40. Farm residential or residential lands exchanged for other lands of equal value.
The land commissioner is authorized, in his discretion, to make a feasibility study to determine if sixteenth section lands and lieu lands classified as farm residential or residential lands could be exchanged for other lands of equal value located within the same county, without injury to the value of the lands held in trust for the public schools.
Sources: Laws, 1978, ch. 525, § 50, eff from and after July 1, 1978.