§ 131. Emergency repairs. When, in the opinion of the corporation, an
emergency exists endangering the canal system the corporation may seize
any lands, equipment, materials or supplies necessary to avert such
damage or to restore the banks or other property which may be threatened
or have been damaged. It may subsequently return or otherwise dispose of
such lands, equipment, materials or supplies so seized which may be no
longer required in such manner and upon such terms as in its judgment
will be for the best interest of the state including the corporation. It
may enter into an agreement with the owner or owners of any property
seized for such emergency repairs under this section covering the amount
of damages sustained. Such agreement, when approved by the
attorney-general, shall become an obligation of the corporation and paid
from moneys available therefor. In case no agreement is consummated, the
amount of damages sustained may be determined as provided in section one
hundred twenty of this chapter.