In this chapter, unless the context otherwise requires,

(1) “commissioner” means the commissioner of natural resources;

(2) “director” means the director of the division of lands of the Department of Natural Resources;

(3) “fair market value” means the price at which a willing seller and a willing buyer will trade;

(4) “long-term lease” means a lease for a term of more than 10 years;

(5) “multiple use” means the management of state land and its various resource values so that it is used in the combination that will best meet the present and future needs of the people of Alaska, making the most judicious use of the land for some or all of these resources or related services over areas large enough to provide sufficient latitude for periodic adjustments in use to conform to changing needs and conditions; it includes

(A) the use of some land for less than all of the resources; and

(B) a combination of balanced and diverse resource uses that takes into account the short-term and long-term needs of present and future generations for renewable and nonrenewable resources, including, but not limited to, recreation, range, timber, minerals, watershed, wildlife and fish, and natural scenic, scientific, and historic values;

(6) “official cadastral survey” means a United States public land survey or a survey executed under survey instructions issued by the division for the purpose of preparing a cadastral survey plat, and approved and accepted by the division for the state's official records;

(7) “official control survey” means a position marked on the ground by triangulation or traverse stations established in conformity with standards adopted by United States Coastal and Geodetic Survey for first, second and third order work, whose geodetic positions have been rigidly adjusted on the North American datum of 1927 and approved by the division;

(8) “short-term lease” means a lease for a term of 10 years or less;

(9) “state park” means an area of state land designated by law to be managed for public use and enjoyment of recreational, scenic, cultural, historical, wilderness, and similar values, and includes roadside rests and recreational beaches, state monuments and historic sites, state recreation areas and state parks, including marine parks;

(10) “state trail” means an area designated by law to be managed as a public historic or recreational trail including but not limited to

(A) trails designated under AS 41.21.850 - 41.21.860, wilderness trails and campsites; and

(B) trails and footpaths designated under AS 41.21.864 - 41.21.872;

(11) “subdivision” has the meaning given in AS 40.15.900;

(12) “sustained yield” means the achievement and maintenance in perpetuity of a high level annual or regular periodic output of the various renewable resources of the state land consistent with multiple use;

(13) “wild and scenic river” means a free-flowing river or stream designated as provided in 16 U.S.C. 1271 - 1287 (Wild and Scenic Rivers Act, 82 Stat. 906).