Apportionment of rental proceeds from school mortgage lands.

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7-31-13. Apportionment of rental proceeds from school mortgage lands.

The rental proceeds from real estate acquired by counties in satisfaction of a school-loan mortgage or through foreclosure of such shall be distributed as provided by existing laws.

Source: SL 1939, ch 25, §8; SL 1945, ch 35; SDC Supp 1960, §12.3411 (2).


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