§171-54  Land license.  The board ofland and natural resources may issue land licenses affecting public lands for aperiod not exceeding twenty years.  No land license shall be disposed of exceptat public auction as provided in this chapter; provided that the board may,after publication of notice in accordance with section 171-16(d), dispose of aland license by negotiation, without recourse to public auction, if itdetermines that the public interest will best be served thereby.  Thedisposition of a land license by negotiation shall be upon such terms andconditions as the board determines shall best serve the public interest. [L1962, c 32, pt of §2; am L 1965, c 239, §29; Supp, §103A-51; am L 1967, c 234,§9; HRS §171-54]