Authorizes the attorney general to approve state land acquisitions for conservation and accept title insurance.
The bill authorizes the attorney general to approve certain state land acquisitions made for the purposes of land conservation. It also allows the attorney general to accept a title policy from a commercial insurer to cover any title defects that would otherwise render the title unmarketable. This aims to streamline the review process and relieve land trusts of the financial burden of holding onto land.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.