Arizona § 37-524 Agricultural and mechanical colleges land fund and school of mines land fund; composition; use

Arizona Statutes

§ 37-524 — Agricultural and mechanical colleges land fund and school of mines land fund; composition; use

Arizona § 37-524

Title 37Arizona Revised Statutes

Ch. 2ADMINISTRATION OF STATE AND OTHER PUBLIC LANDS

Art. 13Segregation of Funds Derived from Lands

This text of Arizona § 37-524 (Agricultural and mechanical colleges land fund and school of mines land fund; composition; use) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 37-524 (2026).

Text

A.After any appropriation pursuant to section 37-527, the agricultural and mechanical colleges land fund, and the school of mines land fund, shall separately consist of the proceeds of:

1.All lands granted to the state by the United States for the respective purposes named.

2.All property donated by individuals for like purposes, unless the terms of the donation otherwise provide.

3.The sale of timber, mineral, gravel or other natural products or property from lands granted or donated for such purposes.

B.The funds provided for in this section shall be and remain perpetual funds for the benefit and support of the agricultural and mechanical colleges and the schools of mines at the universities and distributions from the funds pursuant to article X, section 7, Constitution of Arizo

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A. After any appropriation pursuant to section 37-527, the agricultural and mechanical colleges land fund, and the school of mines land fund, shall separately consist of the proceeds of:

1. All lands granted to the state by the United States for the respective purposes named.

2. All property donated by individuals for like purposes, unless the terms of the donation otherwise provide.

3. The sale of timber, mineral, gravel or other natural products or property from lands granted or donated for such purposes.

B. The funds provided for in this section shall be and remain perpetual funds for the benefit and support of the agricultural and mechanical colleges and the schools of mines at the universities and distributions from the funds pursuant to article X, section 7, Constitution of Arizona together with the money derived from the rental of the lands and property, including interest and accrued rent for that year credited pursuant to section 37-295, shall be used.