92.121 PERMANENT SCHOOL FUND LANDS.
The commissioner of natural resources shall exchange permanent school fund land as defined
in the Minnesota Constitution, article XI, section 8, located in state parks, state recreation areas,
wildlife management areas, scientific and natural areas, or state waysides or on lands managed by
the commissioner as old growth stands, for other lands as allowed by the Minnesota Constitution,
article XI, section 10, and section
94.343, subdivision 1
, that are compatible with the goal of the
permanent school fund lands in section
when, as a result of management practices
applied to the permanent school fund lands and associated resources, revenue generation has
been diminished or is prohibited and no alternative has been put into effect to compensate the
permanent school fund for the income losses.
History: 1985 c 116 s 1; 1998 c 397 art 11 s 3; 2004 c 262 art 2 s 5