28J.12 Conveyance, lease, or exchange of public property.
40 words·~1 min read·
/ia/chapter-28j-port-authorities/28j-12·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.