§ 22-5-308 - Agricultural lands -- Disposition in manner prescribed by federal government. - Arkansas Statutes

22-5-308. Agricultural lands -- Disposition in manner prescribed by federal government.

(a) The Commissioner of State Lands may allocate lands suitable for agricultural settlement, or for uses in connection with agricultural settlement, to the United States or agencies of the United States, or to individuals, organizations, and associations approved by the United States or agencies of the United States and cooperating in federal programs, under such conditions as may be agreed upon by the Commissioner of State Lands and the United States or any agency of the United States.

(b) In pursuance of such allocation, the Commissioner of State Lands may enter into sale contracts, sell, deed, purchase, exchange, lease, or dispose of lands with or without consideration, or waive rights and priorities, in such manner and under such conditions as may be required by the United States or agencies of the United States, and agreed upon by the Commissioner of State Lands, in order to effect the policies declared in 22-5-301.