- Alaska Statutes.
- Title 38. Public Land
- Chapter 5. Alaska Land Act
- Section 70. Generally.
previous: Section 69
. Preference to Persons For Agricultural Purposes.
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. Recreational Facilities Development Leasing.
AS 38.05.070. Generally.
- (a) Land, including tide, submerged, or shoreland, to which the state holds title or to which it may become entitled, may
be leased, except for the extraction of natural resources, in the manner provided in AS 38.05.070 - 38.05.105.
- (b) The director, with the approval of the commissioner, shall determine the land to be leased and the limitations,
conditions, and terms of the lease. The director shall preserve reasonable and traditional access to state land and
water. If the appraised value of the transaction is $5,000 a year or less the director may negotiate a lease for a
period not to exceed 10 years, and on the limitations, conditions, and terms that the director considers are in the
best interests of the state. A lease negotiated under this subsection is not eligible for a preference under AS 38.05.102
- (c) A lease may be issued for a period up to 55 years, if the commissioner determines it to be in the best interests of
the state. The commissioner shall consider the useful life of any improvements proposed and approved under AS 38.05.075
in determining the term of the lease. If the commissioner determines that the land or a part of it which is the
subject of a grazing lease is not being used for the purpose issued, the lease may be declared void.
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