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AGO Opinions with Topic: PROCEEDS
AGO 1963 No. 43 >  July 31, 1963
OFFICES AND OFFICERS - STATE - AERONAUTICS COMMISSION - AUTHORITY TO SELL PROPERTY - PROCEEDS - COMPLIANCE WITH FEDERAL GRANT
OFFICES AND OFFICERS ‑- STATE ‑- AERONAUTICS COMMISSION ‑- AUTHORITY TO SELL PROPERTY ‑- PROCEEDS ‑- COMPLIANCE WITH FEDERAL GRANT The state aeronautics commission has the authority (1) to sell property located on an emergency airfield granted to the state by the federal government; and (2) to place the proceeds in a special fund from which expenses of improvements on the airfield may be paid when the federal grant of such property requires the proceeds be so expended.
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