Arkansas Statutes
§ 19-7-403 — Lease of lands for flood control purposes
Arkansas·Title 19
All funds received by the Treasurer of State from the federal government on account of the lease of lands acquired by the federal government for flood control purposes, and distributed by the Treasurer of State to the respective counties, shall be distributed by each county receiving them as follows:
(1)Eighty percent (80%) of such funds received by each county shall be distributed to the school districts in the county, with each school district to receive the portion thereof that the flood control acreage in that district bears to the total flood control acreage in all districts in the county; and (2) Twenty percent (20%) of such funds received by each county shall be credited to the county road fund.
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Arkansas § 19-7-403 (Lease of lands for flood control purposes) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1983, No. 680, § 1; A.S.A. 1947, § 13-706.4.
Nearby Sections
15
§ 19-1-201
Chief Fiscal Officer of the State§ 19-1-202
Secretary§ 19-1-203
Deputy director§ 19-1-204
Personnel§ 19-1-205
Office§ 19-1-206
Seal§ 19-1-207
General accounting system§ 19-1-208
Rules§ 19-1-209
Publications required§ 19-1-210
Recordkeeping§ 19-1-211
Investigations§ 19-1-212
Duty to avoid deficit§ 19-1-213
Leasing of state property§ 19-1-214
Federal gifts and surplusage