(1) The Energy and Environment Cabinet may receive by donation, purchase, or lease lands for forestry purposes, and may convey, exchange, or lease said lands and may sell timber or other forest products thereon. In exercising this function the cabinet shall be exempted from any provision of KRS 45.301 or 45A.045, except with respect to the purchase, conveyance, exchange, or inventory of lands.
(2) No land shall be purchased, leased, or received as a donation unless the title thereto is merchantable and has been approved by the Attorney General.