§ 5-7-34 — Apportionment of receipts from leasing of school, indemnity and endowment lands.

South Dakota § 5-7-34

• Jurisdiction: South Dakota
• Title 5: PUBLIC PROPERTY, PURCHASES AND CONTRACTS
• Ch. 5-7: MINERALS ON SCHOOL AND PUBLIC LANDS

Text

All money received from the leasing of all common school, indemnity, and endowment lands for oil and gas and other mineral or geothermal resources leasing of said lands shall be apportioned as follows: Fifty percent shall be credited to the permanent school funds and fifty percent thereof into the several interest and income funds in the following proportions, to wit: Common school 82.02289745 South Dakota State University 4.66838105 University of South Dakota 2.51170245 Educational and charitable .72960665 Department of Corrections, juvenile programs 1.16718575 School for Deaf 1.16728565 School for Blind and Visually Impaired .72952995 South Dakota Developmental Center--Redfield 1.16726135 School of Mines and Technology 1.16728735 Black Hills and Dakota State Universities 3.11243403 Northern State University 1.55642832

Legislative History

SL 1955, ch 53; SL 1985, ch 39, § 3; SL 1989, ch 170, § 1; SL 1989, ch 238, § 4; SL 1998, ch 110, § 3; SL 2002, ch 132, § 3.