If land within a leasehold created under AS 38.05.070 - 38.05.105 is offered for sale or long-term lease at the termination of the existing leasehold, the director may, upon a finding that it is in the best interest of the state, allow the holder in good standing of that leasehold to purchase or lease the land for its appraised fair market value at the time of the sale or long-term lease.
Structure Alaska Statutes
Article 3. Leasing of Land Other Than for the Extraction of Natural Resources.
Sec. 38.05.073. Recreational facilities development leasing.
Sec. 38.05.075. Leasing procedures.
Sec. 38.05.080. Rejection of bids.
Sec. 38.05.082. Leases for shore fisheries development; account.
Sec. 38.05.083. Aquatic farming and hatchery site leases.
Sec. 38.05.085. Term of lease.
Sec. 38.05.087. Forest Service permittees' leasing preference.
Sec. 38.05.090. Removal or reversion of improvements upon termination of leases.
Sec. 38.05.097. Exemption from rental payments on land leased by nonprofit organizations.
Sec. 38.05.098. Senior citizens exemption.
Sec. 38.05.102. Lessee preference.