La. Admin. Code tit. 43 § XXVII-3103

Current through Register Vol. 50, No. 11, November 20, 2024

Section XXVII-3103 - Recommendations Approved by the Appropriate Committees Shall Be Implemented by the State Land Office

A. The sale of property shall be through public bid, whether by auction or sealed bids, in accordance with R.S. 41:131-134 or 47:2189.

B. The lease of property shall be through public bid in accordance with R.S. 41:1221 et seq., and other applicable statutes.

C. Property not disposed of by the department shall be utilized in such a manner as to derive maximum revenue from the property.

D. Sales and leases shall be recorded with the clerk of court for the parish in which the property is located, and a copy retained by the State Land Office.

La. Admin. Code tit. 43, § XXVII-3103

Promulgated by the Department of Natural Resources, Office of the Secretary, LR 13:411 (July 1987), repealed and repromulgated by the Office of the Governor, Division of Administration, State Land Office, LR 19:495 (April 1993).

AUTHORITY NOTE: Promulgated in accordance with R.S. 41:140.