Whenever any clay, gravel, sand, rock, earth, mineral, or other natural resource obtained
from the soil or water of state owned real property, or any outgrowth, harvest, crop,
agricultural, fishery, or forestry product, or any other produce found in, produced
from, or grown in the soil or water of state owned real property, or any other yield
or issue of state owned real property, shall become available to the acquiring authority
and shall not be required for use by it, the acquiring authority shall forthwith notify
the state purchasing agent who may requisition the same or any part thereof for use
by any other department, board, bureau, commission, or agency of the state, or may
sell the products or any part thereof to the highest bidder at public sale after giving
public notice thereof by having the notice posted in some suitable public place for
at least two (2) full business days before the sale, or at a private sale for not
less than its appraisal value, or may, with the approval of the state properties committee,
dispose of the products in such other manner and upon such terms and conditions as
may in his or her judgment be most advantageous to the public interest.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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