§ 146-4. Sales of certain lands; procedure; deeds; disposition of proceeds. - North Carolina Statutes

§146‑4.  Sales of certain lands; procedure; deeds; disposition ofproceeds.

The Department ofAdministration may sell the vacant and unappropriated lands, swamplands, andlands acquired by the State by virtue of being sold for taxes, at public orprivate sale, at such times, upon such consideration, in such portions, andupon such terms as are deemed proper by the Department and approved by theGovernor and Council of State. Every deed conveying any part of those lands infee shall be executed in the manner required by G.S. 146‑74 through 146‑78,and shall be approved by the Governor and Council of State as therein required.The net proceeds of all such sales of those lands shall be paid into the StateLiterary Fund. Whenever negotiations are begun by the Department for thepurpose of selling swampland or the timber thereon, the Department shallpromptly notify the State Board of Education of that fact. If the Board deemsthe proposed sale inadvisable, it may so inform the Governor and Council ofState, who may give due consideration to the representations of the Board indetermining whether to approve or disapprove the proposed transaction. (R.C.,c. 66, s. 12; 1872‑3, c. 194, s. 2; Code, ss. 2514, 2515, 2529; 1889, c.243, s. 4; Rev., s. 4049; C.S., s. 7621; G.S., s. 146‑94; 1959, c. 683,s. 1.)