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2008 SESSION
080727810Be it enacted by the General Assembly of Virginia:
1. That § 10.1-1115 of the Code of Virginia is amended and reenacted as follows:
§ 10.1-1115. Sale of trees.
For the purpose of maintaining in perpetuity the production of
forest products on state forests, the State Forester may designate and appraise
the trees which should be cut under the principles of scientific forest
management, and may sell these trees for not less than the appraised value.
When the appraised value of the trees to be sold is more than $10,000$50,000,
the State Forester, before making such sale, shall receive bids therefor, after
notice by publication once a week for two weeks in two newspapers of general
circulation. The State Forester shall have the right to reject any and all bids
and to readvertise for bids. The proceeds arising from the sale of the timber
and trees so sold, except as provided in subsection E of § 10.1-1107, shall be
paid into the state treasury as provided in § 10.1-1116, and shall be held in
the Reforestation Operations Fund for the improvement or protection of state
forests or for the purchase of additional lands.