§ 146-27. The role of the Department of Administration in sales, leases, and rentals.
Article 7.
Dispositions.
§ 146‑27. The role ofthe Department of Administration in sales, leases, and rentals.
(a) General. Everysale, lease, rental, or gift of land owned by the State or by any State agencyshall be made by the Department of Administration and approved by the Governorand Council of State. A lease or rental of land owned by the State may notexceed a period of 99 years. The Department of Administration may initiateproceedings for sales, leases, rentals, and gifts of land owned by the State orby any State agency.
(b) Large Disposition. If a proposed disposition is a sale or gift of land with an appraised valueof at least twenty‑five thousand dollars ($25,000), the sale or giftshall not be made until after consultation with the Joint LegislativeCommission on Governmental Operations.
(c) Expired effectiveSeptember 1, 2007. (1957,c. 584, s. 6; G.S., s. 146‑108; 1959, c. 683, s. 1; 1977, c. 425, ss. 1,2; 1987, c. 738, s. 47(b); 1993, c. 561, s. 32(a); 1998‑159, s. 5; 2005‑276,s. 6.25(a).)