If the Board of Regents agrees to transfer possession of the land, the commissioner may convey defeasible title as provided in § 5-9-35 for the purpose of operating a research park

Upon any reversion, the land shall once again be placed under the control of the Board of Regents as part of the campus from which it was originally severed; or (2) The Board of Regents may select other lands under its control of equal value, as determined by the commissioner of school and public lands, and exchange such other lands for those comprising the research park in order to maintain the principal of the school and public lands trust. Source: SL 2012, ch 46 , § 5.