In addition to agricultural and grazing leases pursuant to chapter 5-5, mineral leases pursuant to chapter 5-7, and wind and solar easements and leases pursuant to § 5-4-5.2, the commissioner of school and public lands may, by rules promulgated pursuant to chapter 1-26, provide for the establishment of additional types of subsidiary leases on school and public lands. The additional leases may be for commercial or forestry purposes and shall be both economical and consistent with the stewardship of the school and public lands.

Leases may also be established to authorize the use of such lands for military purposes by state or federal military units.

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Rules authorized by this section may provide for all necessary considerations, including the creation, marketing, administration, and termination of the leases.

Source: SL 1992, ch 41; SL 2002, ch 29, § 1; SL 2019, ch 45, § 1.