501.06 Lands appropriated by congress for support of schools and ministerial purposes.
501.06 Lands appropriated by congress for support of schools and ministerial purposes.
Lands appropriated by congress for the support of schools and ministerial purposes include the following:
(A) Lands on which the lease has expired or will expire after a period of time, not to exceed twenty years after January 1, 1970;
(B) Lands on which the lease is determined to be for a period of time as defined in division (A) of this section and where substantial improvements have been added to the expense of the lessee;
(C) Lands leased for ninety-nine years, renewable forever, or leases which have been renewed for a like term.
Effective Date: 06-29-1988