(a)The Board of Trustees of the University of Arkansas shall not sell the property commonly known as the "Pine Tree Research Station", located in St. Francis County, Arkansas, acquired by the Board of Trustees of the University of Arkansas from the United States of America, acting through the United States Forest Service in 1978, to a private entity or individual.
(b)The Board of Trustees of the University of Arkansas may sell the property commonly known as the "Pine Tree Research Station", located in St. Francis County, Arkansas, acquired by the Board of Trustees of the University of Arkansas from the United States of America, acting through the United States Forest Service in 1978, to a nonprofit corporation:
(1)Organized with the primary mission to keep the land open to the public an
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(a) The Board of Trustees of the University of Arkansas shall not sell the property commonly known as the "Pine Tree Research Station", located in St. Francis County, Arkansas, acquired by the Board of Trustees of the University of Arkansas from the United States of America, acting through the United States Forest Service in 1978, to a private entity or individual. (b) The Board of Trustees of the University of Arkansas may sell the property commonly known as the "Pine Tree Research Station", located in St. Francis County, Arkansas, acquired by the Board of Trustees of the University of Arkansas from the United States of America, acting through the United States Forest Service in 1978, to a nonprofit corporation: (1) Organized with the primary mission to keep the land open to the public and available for public use; and (2) Organized and operated for a minimum of five (5) years. (c) The property commonly known as the "Pine Tree Research Station", located in St. Francis County, Arkansas, acquired by the Board of Trustees of the University of Arkansas from the United States of America, acting through the United States Forest Service in 1978, shall remain open to the public for public use, including without limitation: (1) Public fishing; (2) Public hunting; (3) Biking; (4) Bird watching; and (5) Hiking. (d) All property commonly known as the "Pine Tree Research Station", located in St. Francis County, Arkansas, acquired by the Board of Trustees of the University of Arkansas from the United States of America, acting through the United States Forest Service in 1978, used for row crop cultivation in the year 2020, is exempt from subsection (c) of this section.