Section 63A-5b-902 - Application of part(1) Except as stated in Subsection (1)(d), the provisions of this part, other than this section, do not apply to:(a) the division's disposal or lease of division-owned property that would otherwise be subject to this part, if the division-owned property has a value under $500,000, as estimated by the division;(b) a conveyance, lease, or disposal of division-owned property in connection with: (i) the establishment of a state store, as defined in Section 32B-1-102; or(ii) the construction of student housing;(c) a conveyance, lease, or disposal of any part of the point of the mountain state land, as defined in Section 11-59-102, by the Point of the Mountain State Land Authority created in Section 11-59-201;(d) a conveyance, lease, or disposal of division-owned property for fair market value, as determined by the division, under Subsection 63A-5b-303(1)(a)(viii), except that the following sections apply:(i) Section 63A-5b-907.5;(iii) Section 63A-5b-910;(iv) Section 63A-5b-911; and(v) Section 63A-5b-912; or(e) a conveyance, lease, or disposal of any state-owned land, as defined in Section 11-70-101, by the Utah Fairpark Area Investment and Restoration District, created in Section 11-70-201.(2) Nothing in Subsection (1)(a), (b), or (d) may be construed to diminish or eliminate the division's responsibility to manage division-owned property in the best interests of the state.Amended by Chapter 419, 2024 General Session ,§ 60, eff. 5/1/2024.Amended by Chapter 480, 2024 General Session ,§ 4, eff. 5/1/2024.Amended by Chapter 263, 2023 General Session ,§ 12, eff. 5/3/2023.Amended by Chapter 421, 2022 General Session ,§ 28, eff. 5/4/2022.Renumbered from § 63A-5a-103 and amended by Chapter 152, 2020 General Session ,§ 55, eff. 5/12/2020.Added by Chapter 195, 2019 General Session ,§ 7, eff. 5/14/2019.