63A-5b-902. Application of part.
(1) Except as stated in Subsection (1)(d), the provisions of this part, other than this section, do not apply to: the division's disposal or lease of division-owned property that would otherwise be subject to thisa value under $500,000, as estimated by the division; part, if the division-owned property has a conveyance, lease, or disposal of division-owned property in connection with: the establishment of a state store, as defined in Section; or 32B-1-102 the construction of student housing; a conveyance, lease, or disposal of any part of the point of the mountain state land, as defined in Section, by the Point of the Mountain State Land Authority created in Section; 11-59-102 11-59-201 a conveyance, lease, or disposal of division-owned property for fair market value, as determined by the division, under Subsection, except that the following sections apply: 63A-5b-303(1)(a)(viii) Section; 63A-5b-907.5 Section; 63A-5b-908 Section; 63A-5b-910 Section; and 63A-5b-911 Section; or 63A-5b-912 a conveyance, lease, or disposal of any state-owned land, as defined in Section, by the Utah Fairpark Area Investment and Restoration District, created in Section. 11-70-101 11-70-201
(2) Nothing in Subsection (1)(a), (b), or (d) may be construed to diminish or eliminate the division's responsibility to manage division-owned property in the best interests of the state.