17-3-211. Forest reserve money. (1) The state treasurer, for the purpose of carrying out the provisions of 16 U.S.C. 500, and all acts subsequent thereto, shall divide and distribute all forest reserve moneys received by the state thereunder, plus interest earned, to and among the several counties entitled thereto and pay the same to the several county treasurers of such counties within 30 days after receiving full payment of the same, as directed by the state auditor.
     (2) The forest reserve money shall be invested and all investment earnings credited to the forest reserve account.

     History: En. Sec. 1, Ch. 26, L. 1915; re-en. Sec. 175, R.C.M. 1921; re-en. Sec. 175, R.C.M. 1935; R.C.M. 1947, 79-203; amd. Sec. 1, Ch. 712, L. 1985.