Section 9-15-40 Disposition of revenues from sales of timber or minerals or from rentals or leases - Swamp and overflowed lands.
Section 9-15-40
Disposition of revenues from sales of timber or minerals or from rentals or leases - Swamp and overflowed lands.
The revenue derived from any sale of timber or minerals from, or rental or lease of, any swamp and overflow land owned by the Department of Mental Health and Mental Retardation shall be paid by the Commissioner of Conservation and Natural Resources to the Department of Mental Health and Mental Retardation, except that there shall be retained by the Lands Division of the Department of Conservation and Natural Resources a management fee of 10 percent of all revenue.
(Acts 1939, No. 581, p. 949, §9; Code 1940, T. 8, §241; Acts 1993, No. 93-631, p. 1077, §2.)