(1) The State Parks, Recreation, and Travel Commission is given authority to exchange any lands now belonging to the state for state park purposes for other lands that are suitable for such purposes and to sell any lands belonging to the state for state park purposes and invest the proceeds thereof in other lands suitable for such purposes, such sale or exchange to be had only with the approval of the Governor.
(2) In case of a sale or exchange of such lands, the Chair of the State Parks, Recreation, and Travel Commission and the Secretary of the State Parks, Recreation, and Travel Commission are empowered to execute a deed fully conveying the interest of the state therein. The deed shall bear the endorsement of the approval of the Governor and shall not be required to be acknowledged.
(3) This authority to sell and exchange shall extend only to lands which the commission finds are unsuited for state park purposes.