77-2-205. Restriction on exchange for nongovernment-owned land. An exchange for nongovernment-owned land under 77-2-203 may not be made that will induce or encourage large-scale commercial, industrial, or residential development unless the development value is considered in determining the fair market value and unless the proposed development will not adversely affect the resources of the existing state tracts or those tracts that the state would receive under the proposed exchange.

     History: En. Sec. 1, Ch. 472, L. 1975; R.C.M. 1947, 81-307(4); amd. Sec. 2, Ch. 139, L. 2001.