When in its judgment the best interests of the state will be served, the board of university and school lands may sell the right to cut grass or standing timber or both on any of the lands mentioned in this chapter and may sell any down and dead timber on the lands for such price and upon such terms and conditions as it deems proper. Standing timber may only be sold under a management plan developed by the board of university and school lands after consultation with a committee composed of the state forester, the director of the game and fish department, and the commissioner of university and school lands. All permits must be for the current season only, which must be between June fifteenth and April first of the following year. No control or right of occupancy of the land may be other than that specified in the permit. All permits must be paid for in advance.
N.D.C.C. § 15-04-20