Idaho Statutes

§ 58-333 — DISPOSITION OF PROCEEDS OF SALE

Idaho·Title 58 PUBLIC LANDS·Ch. 3 APPRAISEMENT, LEASE, AND SALE OF LANDS
The state board of land commissioners shall at all times preserve the integrity of state funds and obligations in the disposition of surplus property; receipts or acquisitions from the property of any special fund shall accrue to such fund, first liquidating any encumbrances against such property; save that when any property has been acquired by the general fund, or is supported by or added to, by the general fund, then the receipts following liquidation of an encumbrance, shall be deposited in the permanent building fund for future appropriation or use.

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Legislative History

[58-333, added 1951, ch. 223, sec. 3, p. 452.]

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