The commission may, by resolution adopted by unanimous vote at a meeting at which at least a majority of the members are present and voting, authorize the exchange or sale of all or part, including improvements and appurtenances, of any lands, waters or buildings to which title has been acquired in return for fair market value or privately-owned lands, waters or buildings having an equal or greater value, when the commission deems such exchange or sale to be in the best interests of the Commonwealth. In addition, the commission may exchange timber cut from lands to which the commission holds title for suitable lands having an equal or greater value.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Chapter 7 - Property and Waters
Section 701 - Acceptance of donations of money or property
Section 702 - Execution of contracts and leases
Section 703 - Damage to property
Section 721 - Acquisition of property
Section 722 - Improvements to property
Section 723 - Rights-of-way and other rights
Section 724 - Certification of title or title insurance
Section 725 - Price paid for acquisitions and improvements
Section 726 - Title to property
Section 727 - Designation of property
Section 728 - Exemption from taxation
Section 741 - Control of property
Section 743 - Exchange or sale
Section 744 - Disposition of timber and minerals