77-1-506. County distribution. The county treasurer shall distribute the money received under this part within his county as hereinafter provided:
(1) Sixty percent of total payment shall be broken down into cents per acre of total state-owned land within the county and apportioned between the elementary school districts in accordance with the amount of state-owned land in each elementary district.
(2) Forty percent shall be allotted to the county road fund.
History: En. Sec. 6, Ch. 235, L. 1967; R.C.M. 1947, 81-1120.