ContractFederal-State Land Exchange Agreement • May 5th, 2020
Contract Type FiledMay 5th, 2020Federal-State Land Exchange Amended by Chapter 79, 2010 General Session 2010 Definitions. As used in this part: "Acquired lands" means lands acquired by the administration under the agreement. "Acquired mineral interests" means mineral interests acquired by the administration pursuant to Section 3(F), (K), (L), or (M) of the agreement. "Agreement" means the Agreement to Exchange Utah School Trust Lands Between the State of Utah and the United States of America, signed May 8, 1998, as ratified by the Utah School and Lands Exchange Act of 1998, Pub. L. No. 105-335. "Exchange" means a land or mineral interest exchange by the administration and the United States of America after March 1, 2007 that is directed by Congressional action. "Exchanged lands" means lands: acquired by the administration through an exchange; and reduced in value to take into account the presence of minerals subject to leasing under the Mineral Leasing Act, 30 U.S.C. Sec. 181 et seq. "Exchanged mineral interests" mea