28J.12 - CONVEYANCE, LEASE, OR EXCHANGE OF PUBLIC PROPERTY.

 28J.12  CONVEYANCE, LEASE, OR EXCHANGE OF PUBLIC
 PROPERTY.
 A port authority may convey or lease, lease with an option to
 purchase, or exchange with any governmental agency or other port
 authority without competitive bidding and on mutually agreeable
 terms, any personal or real property, or any interest therein.  

         Section History: Recent Form

 2005 Acts, ch 150, §100