State treasurer to receive and distribute mineral leasing payments.

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In accordance with the provisions of section 35 of the federal "Mineral Lands Leasing Act" of February 25, 1920, as amended, the state treasurer is directed to deposit and distribute any moneys now held or to be received by the state of Colorado from the United States as the state's share of sales, bonuses, royalties, and rentals of public lands within this state, for the benefit of the public schools and political subdivisions of this state and for other purposes in accordance with the provisions of sections 34-63-102 and 34-63-103.

Source: L. 53: Ex. Sess., p. 23, § 1. CRS 53: § 100-8-1. C.R.S. 1963: § 100-8-1. L. 77: Entire section R&RE, p. 1572, § 1, effective June 19.

Cross references: For the "Mineral Lands Leasing Act" of February 25, 1920, see 30 U.S.C. § 181 et seq.


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