Idaho Statutes

§ 57-716 — INVESTMENT OF PROCEEDS OF THE SALES OF PUBLIC LANDS

Idaho·Title 57 PUBLIC FUNDS IN GENERAL·Ch. 7 INVESTMENT OF PERMANENT ENDOWMENT AND EARNINGS RESERVE FUNDS
The proceeds of the sales of endowment lands of the state, if not deposited into the land bank fund established in section 58-133, Idaho Code, and used to purchase other lands, shall be deposited into the appropriate permanent endowment funds and must be invested for and on account of the specific purposes for which the lands were granted.

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Idaho § 57-716 (INVESTMENT OF PROCEEDS OF THE SALES OF PUBLIC LANDS) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

[57-716, added 1969, ch. 244, sec. 3, p. 764; am. 1998, ch. 256, sec. 34, p. 838.]

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