Section XI-7: Grants of commercial and agricultural leases in trust property.

  The Commissioners of the Land Office are authorized to grant
commercial leases and agricultural leases in trust property.
  Commercial leases shall not exceed fifty-five (55) years.  The
granting of any commercial lease in excess of three (3) years
shall be by public bidding at not less than fair market value.
All commercial leases shall provide for fair market value
throughout the term of the lease.
  Agricultural leases of trust property shall be limited to a
maximum of five (5) years and shall be by public bidding at not
less than fair market value.
  The granting of any interest in trust property at less than
fair market value or not in compliance with this section is void.
  Any permanent improvement made on commercial trust property
from and after the passage of this amendment shall revert to the
trust at the end of the lease.
  The Legislature shall enact the laws necessary to implement the
provisions of this section and to foster the fair and equitable
administration of trust property.