                                 CODE OF VIRGINIA

REMOVAL OF MINERALS (§ 10.1-111)

The Director, with the approval of the Governor, is authorized to make and
execute leases, contracts or deeds in the name of the Commonwealth, for the
removal or mining of minerals that may be found in Departmental lands whenever
it appears to the Director that it would be in the best interest of the
Commonwealth to dispose of these minerals. Before any deed, contract or lease is
made or executed, it shall be approved as to form by the Attorney General, and
bids therefor shall be received after notice by publication once each week for
four successive weeks in two newspapers of general circulation. The Director
shall have the right to reject any or all bids and to readvertise for bids. The
accepted bidder shall give bond with good and sufficient surety to the
satisfaction of the Director, and in any amount that the Director may fix for
the faithful performance of all the conditions and covenants of the lease,
contract or deed. The proceeds arising from any contract, deed, or lease shall
be deposited into the state treasury to the credit of the State Park
Conservation Resources Fund established in subsection A of § 10.1-202.

HISTORY: 1978, c. 835, § 10-17.114; 1980, c. 451; 1984, c. 739; 1987, c. 453;
1988, c. 891; 2003, cc. 79, 89.