Any lease of sixteenth section lands, or lands granted in lieu thereof, including leases and any renewal, replacement or extension of such leases granted pursuant to Section 29-3-99, executed and recorded in substantial conformity with the applicable provisions of this chapter shall be deemed to be prima facie valid, and defects in ministerial or procedural acts alone shall not affect the validity of any such lease, as far as a bona fide purchaser or encumbrancer for value of any such lease is concerned. Any such purchaser or encumbrancer shall be entitled to rely upon the validity of any such lease insofar as the interest of the state or any political subdivision thereof, the public, or any school district is concerned.
Nothing in this section shall prohibit any party from challenging the validity of any lease on the grounds of inadequacy of consideration given for the lands involved in the lease.
Structure Mississippi Code
Title 29 - Public Lands, Buildings and Property
Chapter 3 - Sixteenth Section and Lieu Lands
§ 29-3-2. Secretary of State to assist in school trust land management
§ 29-3-3. Suits to establish title
§ 29-3-9. Compliance with title requirements
§ 29-3-13. Exchange of lieu land with state
§ 29-3-15. Sale of lieu lands situated outside county
§ 29-3-17. Lieu land commission
§ 29-3-19. Purchase of lieu lands
§ 29-3-21. Mineral rights in lieu lands
§ 29-3-25. Report of sale of lieu lands
§ 29-3-27. Sale of lands situated within school district
§ 29-3-29. Sales for use as industrial parks
§ 29-3-31. Survey and classification of lands in Choctaw Purchase
§ 29-3-33. Lands defined for classification
§ 29-3-35. Public agencies to assist in classification
§ 29-3-37. Objections to classification
§ 29-3-39. Reclassification of lands
§ 29-3-40. Farm residential or residential lands exchanged for other lands of equal value
§ 29-3-41. Lease of forest lands restricted
§ 29-3-43. Improvements on forest lands
§ 29-3-47. Forestry escrow fund
§ 29-3-49. Agreements for timber improvement
§ 29-3-51. Determination of lands subject to lease
§ 29-3-52. Prima facie validity of leases executed and recorded in substantial conformity with law
§ 29-3-53. Term lessee defined
§ 29-3-54. Posting of leased land against trespassers
§ 29-3-57. Superintendent of education to docket leases and collect rentals
§ 29-3-65. Appraisal of lands; adjustment of rental amounts
§ 29-3-69. Lease for ground rental
§ 29-3-71. Leaseholds subject to taxes
§ 29-3-73. Lands liable for drainage taxes
§ 29-3-77. Disposition of buildings
§ 29-3-81. Leasing of land classified as agricultural land
§ 29-3-82. Leasing of land not classified as agricultural land
§ 29-3-85. Reservation of rights in lease
§ 29-3-87. Reservation of lands for school building site, public park, or recreational area
§ 29-3-88. Acquisition of land for construction of school buildings or structures
§ 29-3-99. Leases for oil, gas and mineral exploration, mining, production and development
§ 29-3-103. Confirmation of leases
§ 29-3-105. Decree of confirmation
§ 29-3-109. Crediting of funds derived from lands
§ 29-3-113. Investment and lending of funds
§ 29-3-115. Use of expendable funds
§ 29-3-117. Revenues to be paid into maintenance or building fund
§ 29-3-123. Lists of educable children required before payment of funds
§ 29-3-127. Inter-county townships
§ 29-3-129. Division of damages to land in two school districts
§ 29-3-133. Construction of roads or streets upon lands in certain counties; authorization
§ 29-3-135. Construction of roads or streets upon lands in certain counties; payment of cost