Section 36-9-115 – Determination of Claims; Rules and Regulations Against Fraud.
36-9-115. Determination of claims; rules and regulations against fraud. The board of land commissioners may hear and determine the claims of each person who may claim to be entitled, in whole or in part, to any lands owned by this state. The decisions of the board shall be final until set aside by a court […]
Section 36-9-110 – Certificate of Purchase; Conversion of Outstanding Certificates; Fee.
36-9-110. Certificate of purchase; conversion of outstanding certificates; fee. (a) Any certificate of purchase of state or school land issued and outstanding when this act takes effect may be converted into an amortization certificate on the plan set forth in this act at the request of the holder of said certificate of purchase, and with […]
Section 36-9-104 – Advertisement.
36-9-104. Advertisement. All sales of state lands under this act shall be advertised for four (4) consecutive weeks in some newspaper in the county in which such land is situated, if there be such paper; if not, then in some paper published in an adjoining county. Advertisements of such sales may be made in other […]
Section 36-9-105 – Purchaser to Pay Owner Appraised Value of Improvements; Receipt.
36-9-105. Purchaser to pay owner appraised value of improvements; receipt. If any state lands are sold upon which surface improvements, including irrigation works of any kind, have been made by a lessee, or for which water rights or proportionate interests in irrigation, reservoirs, canals, or systems, have been acquired, the improvements, irrigation works and water […]
Section 36-9-106 – Place of Sale; Execution of Leases.
36-9-106. Place of sale; execution of leases. All sales of state lands shall be held at a location to be determined by the board within the county in which the land is located and leases for state lands may be executed in the presence of a notarial officer or other officer authorized to administer oaths.
Section 36-9-107 – Terms of Payment.
36-9-107. Terms of payment. (a) The terms of payment for school and state lands shall be as follows: not less than twenty-five percent (25%) of the purchase price in cash on day of sale, the balance is not to exceed thirty (30) equal annual payments figured on the amortization plan, which shall include interest on […]
Section 36-9-108 – “Amortization Plan” Defined.
36-9-108. “Amortization plan” defined. The amortization plan is hereby defined, when applied to state land contracts or certificates, as being that plan under which part of the principal is required to be paid each time interest becomes due and payable, and under which this part payment on the principal increases at each succeeding installment in […]
Section 36-9-109 – Certificate of Purchase; Issuance and Contents.
36-9-109. Certificate of purchase; issuance and contents. When any state land shall have been purchased according to law, the board shall make and deliver to the purchaser a certificate of purchase, which shall contain the name of the purchaser, a description of the land purchased, the sum paid, the sum remaining unpaid, the amount of […]
Section 36-9-101 – Authority; Restrictions.
36-9-101. Authority; restrictions. (a) The board of land commissioners may at any time direct the sale of state lands subject to any lease thereof. Subject to criteria established by the board, any person may request that a parcel of state land be considered for sale by the board, but such lands shall only be nominated […]
Section 36-9-102 – Manner of Sale; Minimum Price.
36-9-102. Manner of sale; minimum price. All state lands shall be disposed of only at public auction to the highest responsible bidder after having been duly appraised by the board, and shall be sold at not less than the appraised value thereof, and for not less than ten dollars ($10.00) per acre.