If any land acquired by a county through foreclosure of tax liens, or otherwise, comes within the classification of land described in RCW
79.22.010 and can be used as state forestland and if the department deems such land necessary for the purposes of this chapter, the county shall, upon demand by the department, deed such land to the department and the land shall become a part of the state forestlands.
Such land shall be held in trust and administered and protected by the department in the same manner as other state forestlands.
In the event that the department sells logs using the contract harvesting process described in RCW
79.15.500 through
79.15.530, the moneys derived subject to this section are the net proceeds from the contract harvesting sale.