§205. Sale or lease, limitations on. Available lands shall be sold or leased only:

(1) In the manner and for the purposes set out in this title; or

(2) As may be necessary to complete any valid agreement of sale or lease in effect at the time of the passage of this Act;

except that such limitations shall not apply to the unselected portions of lands from which the department has made a selection and given notice thereof, or failed so to select and give notice within the time limit, as provided in paragraph (3) of section 204 of this title. [Am L 1963, c 207, §2; am L 1997, c 197, §3]

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