(1) All state agencies may acquire land by gift, devise, bequest, exchange, compensation for public resource value loss, or in satisfaction of a debt and are authorized to sell, lease, or otherwise dispose of land no longer needed for public purposes, unless otherwise provided by law.
(2) The proceeds from the sale, lease, or other disposition of land shall go to the state agency using or holding the land unless: (a) the governor or the Legislature order its deposit in the fund from which the state agency receives its appropriations; or (b) the use or disposition of the proceeds is specified elsewhere in law.
(a) the governor or the Legislature order its deposit in the fund from which the state agency receives its appropriations; or
(b) the use or disposition of the proceeds is specified elsewhere in law.
(3) Subsections (1) and (2) do not apply to division-owned property, as defined in Section 63A-5a-102.
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