61-3-467. Authorization to receive and transmit donations. As provided in 61-3-465 and notwithstanding any other provisions of Title 7, Title 17, or this title:
(1) the county treasurer shall receive the annual scholarship donations provided for in 61-3-465 and once each month transmit those donations to the state treasurer; and
(2) the state treasurer shall accept the annual scholarship donations and once each month distribute the accumulated proceeds to the beneficiary institutions specified by and according to the totals contained in the county treasurers' reports.
History: En. Sec. 7, Ch. 661, L. 1989.