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Current as of January 01, 2024 | Updated by FindLaw Staff
(1) The cabinet may lease or rent portions of lands acquired by it to responsible persons, for cultivation and grazing, but in no event shall it lease or rent lands the use of which would be detrimental to the growth of timber or destructive of game or wild animal life. Proceeds resulting from the leasing of such lands shall be deposited into the State Treasury.
(2) The cabinet may, with the consent of the owner of lands leased to it, sublease or rent any of the leased lands in a manner that will not interfere with the growth of timber or the propagation of game and wild animal life. If the lands are subleased or rented under these conditions, the cabinet and the owner shall divide the proceeds arising from the use of the lands, on a fifty-fifty basis, the cabinet's one-half (1/2) shall be deposited into the State Treasury.
(3) In exercising the functions of this section the cabinet shall be exempted from any provision of KRS 45.301 or 45A.045.
Cite this article: FindLaw.com - Kentucky Revised Statutes Title XII. Conservation and State Development § 149.050.Leasing and subleasing of lands by cabinet - last updated January 01, 2024 | https://codes.findlaw.com/ky/title-xii-conservation-and-state-development/ky-rev-st-sect-149-050/
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