Louisiana Administrative Code
Title 43 - NATURAL RESOURCES
Part XXVII - State Lands
Subpart 2 - Use and Management of State Lands
Chapter 31 - Best Use of Nonessential Property
Section XXVII-3103 - Recommendations Approved by the Appropriate Committees Shall Be Implemented by the State Land Office
Current through Register Vol. 50, No. 9, September 20, 2024
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.
AUTHORITY NOTE: Promulgated in accordance with R.S. 41:140.