Any lands leased by the Commissioners of the Land Office for agricultural or grazing purposes shall be leased for a period not to exceed five (5) years under terms and conditions and at an annual rental as may be fixed by the Commissioners of the Land Office after appraisement and public auction.
Added by Laws 1965, c. 401, § 1, emerg. eff. July 5, 1965. Amended by Laws 2010, c. 41, § 44, emerg. eff. April 2, 2010. Renumbered from § 259 of this title by Laws 2010, c. 41, § 113, emerg. eff. April 2, 2010.