Section 77-1-1117 - Board to adopt rulesTo fulfill the requirement of this part, the board shall adopt rules to:
(1) determine the full market value for the use of the bed of a navigable river and establish a minimum payment for leases and easements;(2) allow an applicant to choose to apply for a lease, license, or easement depending on the type of proposed use and the duration of the use; and(3) allow the holder of a lease, license, or easement to relocate or increase the size of a footprint based on natural relocation of a navigable river or other factors.En. Sec. 9, Ch. 359, L. 2011.