Municipality may lease or grant fishing and hunting

privileges or licenses. The governing body of any municipality owning or controlling lakes, ponds, streams or reservoirs for the purpose of furnishing water to the municipality may let, lease or rent, or issue privileges or licenses upon the water courses, lakes, ponds or reservoirs for the purpose of hunting, fishing and propagating fish, subject to rules and regulations as may be provided by the municipal governing body. Laws 1977, c. 256, § 33-201, eff. July 1, 1978.