146-7. Sale of timber rights; procedure; instruments conveying rights; disposition of proceeds.
The Department of Administration may sell timber rights in the vacant and unappropriated lands, swamplands, and lands acquired by the State by virtue of being sold for taxes, at public or private sale, at such times, upon such consideration, in such portions, and upon such terms as are deemed proper by the Department and approved by the Governor and Council of State. Every instrument conveying timber rights shall be executed in the manner required of deeds by G.S. 146-74 through 146-78, and shall be approved by the Governor and Council of State as therein required, or by the agency designated by the Governor and Council of State to approve conveyances of such rights. The net proceeds of all sales of timber from those lands shall be paid into the State Literary Fund. (1959, c. 683, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
§ 146-3 - What lands may be sold.
§ 146-4 - Sales of certain lands; procedure; deeds; disposition of proceeds.
§ 146-5 - Reservation to the State.
§ 146-6 - Title to land raised from navigable water.
§ 146-7 - Sale of timber rights; procedure; instruments conveying rights; disposition of proceeds.
§ 146-8 - Disposition of mineral deposits in State lands under water.
§ 146-9 - Disposition of mineral deposits in State lands not under water.
§ 146-11 - Easements, rights-of-way, etc.
§ 146-12 - Easements in lands covered by water.
§ 146-13 - Erection of piers on State lakes restricted.
§ 146-14 - Proceeds of dispositions of certain State lands.