(1) The Energy and Environment Cabinet may receive by donation, purchase, or lease lands for forestry purposes, and may convey, exchange, or lease said lands and may sell timber or other forest products thereon. In exercising this function the cabinet shall be exempted from any provision of KRS § 45.301 or 45A.045, except with respect to the purchase, conveyance, exchange, or inventory of lands.
(2) No land shall be purchased, leased, or received as a donation unless the title thereto is merchantable and has been approved by the Attorney General.

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Kentucky Statutes 149.020

  • Attorney: means attorney-at-law. See Kentucky Statutes 446.010
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC

Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 143, effective July 15, 2010. — Amended
1990 Ky. Acts ch. 496, sec. 41, effective July 13, 1990. — Amended 1982 Ky. Acts ch. 226, sec. 3, effective July 15, 1982; and ch. 450, sec. 68, effective July 1, 1983. — Amended 1974 Ky. Acts ch. 74, Art. III, sec. 13(3). — Amended 1966 Ky. Acts ch.
255, sec. 142. — Amended 1948 Ky. Acts ch. 201, sec. 1. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 2007i-17, 2007i-
18.
Legislative Research Commission Note. Pursuant to 1982 Acts Chapter 450, § 68, effective July 1, 1983, the reference to KRS § 42.030 in subsection (1) of this section is deleted and KRS § 45.301 inserted in lieu thereof.