11 AAC 71.400. Sale of unbranded or abandoned timber property

(a) The director will, in his discretion

(1) designate areas in which he intends to offer log salvage licenses for the sale of unbranded or abandoned timber property; or

(2) accept nominations for a salvage license for a specific area, the size or boundaries of which the director will, in his discretion, limit to manageable units.

(b) A log salvage license transfers title to the unbranded or abandoned timber property in the license area. However, the title and interest in the timber property which is not removed from the license area within the period the license is in effect revert to the state.

History: Eff. 3/2/78, Register 65; am 7/2/82, Register 83

Authority: AS 38.05.020

AS 38.05.115

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