Current through 2024 Act No. 225.
Section 51-18-118 - DonationsThe trust is authorized to receive and dispose of donations of real and personal property. In furtherance of this section the commission may:
(1) receive donations of real and personal property including, but not limited to, land, houses, stocks, and bonds;(2) on its own or by its agent, sell donated property and deposit any proceeds to the Heritage Land Trust Fund for use in accordance with the purposes established in this chapter;(3) establish minimum acceptable prices for disposition of donated property;(4) trade donated property for property of equal value;(5) promote donations to the program through advertising; or(6) decline donations for any reason.2000 Act No. 387, Part II, Section 52A, eff 7/1/2000.