77-3-506. Disposition of leased land. In every lease granted pursuant to the terms hereof there shall be reserved unto the state the right to sell, lease, or otherwise dispose of the lands covered thereby, subject always to the rights and privileges granted unto the lessee under a lease provided for by this part.

     History: En. Sec. 1, Ch. 213, L. 1955; R.C.M. 1947, 81-1725(2).