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(1) The provisions of this part, other than this section, do not apply to:
(a) a conveyance, lease, or disposal under Subsection 63A-5b-303(1)(a)(ix); or
(b) the division's disposal or lease of division-owned property with a value under $250,000, as estimated by the division.
(2) Nothing in Subsection (1)(b) may be construed to diminish or eliminate the division's responsibility to manage division-owned property in the best interests of the state.