§ 29.1-111. Sale of timber; portion of proceeds to be paid to locality
A. The Director is authorized to manage and harvest timber on lands owned by the Board in accordance with the best timber and game management practices, and to sell the timber. Proceeds from the sale of such timber shall be deposited in the state treasury to the credit of the game protection fund.
B. When the Director authorizes the selling of timber which is standing, or which has been cut from timber standing on land owned by the Board, the Board shall pay to the locality in which the standing timber is located twenty-five percent of the proceeds of the sale of the timber, after deducting the cost of any road constructed by the Department which is necessary for the sale of the timber.
(Code 1950, § 29-23; 1964, c. 532, § 29-23.01; 1987, c. 488.)Sections: Previous 29.1-101.9 29.1-102 29.1-103 29.1-103.1 29.1-103.2 29.1-104 29.1-105 29.1-106 29.1-107 29.1-108 29.1-109 29.1-110 29.1-111 29.1-112 29.1-113 Next
Last modified: April 3, 2009