Sec. 5. University of Alaska inholdings within conservation system units
181 words·~1 min read·
/bill/117/hr/2546/ih/section-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Secretary or the Secretary of Agriculture, as appropriate, may acquire by purchase or exchange, with the consent of the University, University-owned inholdings within conservation system units in the State. The value of the land to be exchanged or acquired under this section shall be determined by the Secretary through appraisals conducted— in accordance with— the Uniform Appraisal Standards for Federal Land Acquisitions; and the Uniform Standards of Professional Appraisal Practice; and by an appraiser mutually agreed to by the Secretary and the University.
For any land exchange entered into under this section, the Federal land and University-owned inholdings exchanged shall be of equal value. Pursuant to chapter 2003 of title 54, United States Code, amounts in the Land and Water Conservation Fund established by section 200302 of that title may be used for the purchase of University-owned inholdings within conservation system units in the State under this section. Any land acquired by the United States under this section shall be administered in accordance with the laws (including regulations) applicable to the conservation system unit in which the land is located.