Section 55-1A-16 - Land development or dedication--Valuation adjustments.

55-1A-16. Land development or dedication--Valuation adjustments. A trustee may subdivide, develop or dedicate land to public use; make or obtain the vacation of plats and adjust boundaries; adjust differences in valuation on the exchange or partition of land by giving or receiving consideration; or dedicate easements to public use without consideration.

Source: SL 1979, ch 336, § 16.