The Fund shall be used to defray the costs of timber sales, to develop forest management plans for state-owned lands pursuant to § 10.1-1124, and to implement those plans. The Department shall have the authority to manage, receive and expend moneys for and from the Fund for these purposes.

Terms Used In Virginia Code 10.1-1123

  • Fund: means the Forest Management of State-Owned Lands Fund. See Virginia Code 10.1-1121
  • State-owned lands: means forest land owned or managed by the various departments, agencies and institutions of the Commonwealth and designated by the Department in cooperation with the Division of Engineering and Buildings of the Department of General Services as being of sufficient size and value to benefit from a forest management plan. See Virginia Code 10.1-1121

1980, c. 525, § 10-45.4; 1981, c. 219; 1986, c. 567; 1988, c. 891.