RS 1041 - Application for sale of timber on levee board lands
Any person who desires to purchase any timber located on property belonging to any levee board shall file with the secretary of the levee board an application to purchase giving the exact location, section, township and range, and the types of timber he desires to purchase. The applicant shall deposit with the secretary of the levee board the sum of one hundred dollars as evidence of good faith. Should the applicant, at the sale of timber as provided for in this Part, fail to purchase the timber, then the money so deposited may be returned to him; provided that should no one at the sale bid up to the minimum price stipulated in this Part, then the money shall be retained to pay the expenses of the sale.
Acts 1978, No. 405, §1.