(a) Counties are authorized to exchange or transfer properties, real or personal, with other counties, municipalities, community colleges, or institutions of higher education.
(b) An exchange or transfer under this section shall be approved by ordinances of the quorum court and accomplished in accordance with procedures prescribed or confirmed by the quorum court.
(c) An agreement for service, legal tender, or other consideration may be accepted in exchange for real or personal property under this section.
(d) A transfer made under this section is exempt from §§ 14-16-105 and 14-16-106, § 14-22-101 et seq., and the Arkansas Procurement Law, § 19-11-201 et seq.