§ 2-06-09 — Disposal of airport property

Except as limited by any grant, loan, or agreement authorized by section 2-06-13, an
authority may, by sale, lease, or otherwise, dispose of any airport or other property interest
acquired under this chapter. The disposal by sale, lease, or otherwise must be in accordance
with the laws of this state governing the disposition of other public property, except that in the
case of disposal to another authority, a municipality or an agency of the state or federal
government for use and operation as a public airport, the sale, lease, or other disposal may be
effected in the manner the commissioners of the authority deem in the best interest of civil
aviation.