The secretary has the power to grant concessions in [the] state parks and recreation areas upon such rentals, fees or percentage of income or profits as he may prescribe, but not for a longer period than thirty years. All concessions shall be evidenced by a written contract, the faithful performance of which shall be secured by such bond as the secretary may prescribe. No contract granting a concession shall be effective until it has been approved by the state board of finance.
History: Laws 1935, ch. 57, § 9; 1941 Comp., § 4-109; 1953 Comp., § 4-9-9; Laws 1961, ch. 114, § 1; 1963, ch. 98, § 9; 1973, ch. 81, § 1; 1977, ch. 254, § 19; 1987, ch. 234, § 16.
ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
The 1987 amendment, effective July 1, 1987, substituted "secretary" for "director" near the beginning of the first sentence and near the end of the second sentence.
Procedure in granting concession contracts. — The state park commission (now the state parks division) need not advertise or invite bids from prospective licensees but may negotiate and exercise its discretionary authority in granting concession contracts. 1960 Op. Att'y Gen. No. 60-12.