(a) General rule.--On and across lands to which title has been acquired for its use the commission may, at such charge or fee as the commission may establish, grant:
(1) Rights-of-way or licenses therefor for roads, for pipe, electric and other utility lines and for telephone and telegraph lines.
(2) Water rights or rights to maintain airway signals or forest fire observation towers when these grants will not adversely affect fish protection and propagation.
(b) Charges.--The commission may charge for these grants such remuneration and damages as it deems the conditions and circumstances warrant.
(c) Approval.--The commission shall approve by majority vote the granting, sale, lease or exchange of any easement, permanent right-of-way or irrevocable license for use of commission property. The executive director may approve the granting, sale, lease or exchange of a revocable license for use of commission property.