1. The Taylor Grazing Act provides for the cooperation of the Secretary of the Interior of the United States with state and other officials and associations, and for the payment to the State by the Secretary of the Treasury of the United States of certain moneys representing a percentage of:
(a) Grazing fees collected from stock raisers for grazing use of areas within the various grazing districts created under the provisions of the Taylor Grazing Act; and
(b) Lease charges collected from stock raisers leasing certain specific tracts lying outside any such grazing districts.
2. For the purpose of brevity and clarification, the two different sources of the funds described in subsection 1 and paid to the state are referred to in NRS 568.010 to 568.210, inclusive, respectively, as "funds derived from grazing fees" and "funds derived from grazing leases."
[Part 1:67:1939; 1931 NCL § 5581.14]