77-1-605. Types of resource developments. (1) The developments contemplated by this part may include those projects that will develop or conserve the various state land resources, including water, both surface and underground, grazing land, agricultural land, timber land, and other land to the benefit of the state. They may also include expenses necessary to perfect title to lands claimed by the state that are suitable for development and other expenses or costs that in the judgment of the board are desirable or necessary in order to develop or increase the value of the land or the revenue from the land.

(2) The department may use funds appropriated from the trust land administration account provided for in 77-1-108 for the purposes of subsection (1).