§ 36-1-124 — Sale of state lands

(1) The state board of land commissioners
may at any time direct the sale of any state lands, except as provided in this article,
in such parcels as the board deems proper. Except as specified in section 36-1-124.3, all sales under this article, except those to the United States, shall be
advertised in four consecutive issues of a weekly paper of the county in which the
land is situated, if there is a weekly paper in the county, and, if not, then in a paper
published in an adjoining county and in other papers as the board may direct.

(2) Except as specified in section 36-1-124.3, the advertisement shall state
the time, place, and terms of sale and the minimum price fixed by the state board of
land commissioners for each parcel, lot, block, or tract below which no bid shall be
received. All patents and certificates of purchase issued before March 31, 1919, are
validated. If any land is sold on which authorized improvements have been made by
lessees, the improvements shall be appraised under the direction of the board.
When lands on which such improvements have been made are sold, the purchasers,
if other than the owner of the improvements, shall pay the appraised value of the
improvements to the owner thereof, taking a receipt therefor, and such purchaser
shall deposit such receipt with the board before such purchaser is entitled to a
patent or certificate of purchase. All such receipts shall be filed and preserved in
the office of the state board of land commissioners.

(3) After receipt of a notice authorized by section 24-33-107 (2)(a), C.R.S.,
identifying lands alleged to have a unique economic or environmental value to the
public, the state board of land commissioners shall not proceed with the sale of any
lands identified in such notice unless such notice is withdrawn pursuant to section
24-33-107 (2)(c), C.R.S., or unless and until authorized by resolution or act of the
general assembly or for two years thereafter, whichever first occurs. Thereafter, all
the requirements of this article as to manner and terms of sale of state lands shall
be deemed to have been met with respect to any sale of state lands made to the
department of natural resources pursuant to the provisions of section 24-33-107
and article 1 of title 38, C.R.S.

(4) After any lands are designated as being included as part of the long-term
stewardship trust established in section 36-1-107.5, the state board of land
commissioners shall not proceed with the sale or exchange of any lands so
designated unless such lands are first removed from the trust pursuant to section
36-1-107.5.

Legislative History

Source: L. 19: p. 646, � 17. C.L. � 1170. CSA: C. 134, � 69. L. 49: p. 553, � 4. CRS 53: � 112-3-25. C.R.S. 1963: � 112-3-25. L. 65: p. 921, � 2. L. 67: p. 50, � 1. L. 73: p. 178, � 3. L. 97: (1) and (2) amended and (4) added, p. 842, � 20, effective May 21. L. 2009: (1) amended, (SB 09-022), ch. 246, p. 1110, � 2, effective May 14. L. 2010: (1) and (2) amended, (HB 10-1165), ch. 124, p. 411, � 1, effective April 15.