ARTICLE 1. Sale of School Lands [7301 - 7306]
( Heading of Article 1 amended by Stats. 1986, Ch. 622, Sec. 3. )
The commission may, in the best interest of the state, sell school lands. The commission may pay from the School Land Bank Fund, created pursuant to Section 8711, the typical costs and expenses attributable to a sale of school lands, such as escrow or other third-party costs, when it is in the best interest of the state to do so.
(Repealed and added by Stats. 2020, Ch. 311, Sec. 4. (SB 1472) Effective January 1, 2021.)
The commission may, in the best interest of the state, exchange any public lands for lands of the United States of equal area or equal value, and the lands acquired in the exchange may then be sold in the manner and for cash as provided by this article.
(Amended by Stats. 1986, Ch. 622, Sec. 6.)
Whenever the commission finds that it is in the best interests of the state for the acquisition of open space or for the purposes of consolidating, assembling, or managing parcels of land for the purposes authorized by this division, the commission may exchange school lands under its jurisdiction for lands owned by any state agency, political subdivision, or person, partnership, company, or corporation, or by the United States or any federal agency; provided, that the lands acquired pursuant to such exchange have equal or greater value than the lands conveyed.
Such acquired lands shall have the same status as to administration, control, and disposition as the lands conveyed.
The state may release the mineral rights in the lands conveyed, as provided in Section 6401, if it receives the mineral rights in the lands acquired.
(Added by Stats. 1981, Ch. 908, Sec. 4.)
When payment has been made for land sold under this article, the purchaser shall be entitled to a patent.
(Added by Stats. 1943, Ch. 609.)
The commission may sell timber separately from the land. Timber sold separately shall be removed in accordance with the Z'Berg-Nejedly Forest Practice Act of 1973 (Chapter 8 (commencing with Section 4511) of Part 2 of Division 4).
(Added by Stats. 1986, Ch. 622, Sec. 7.)