Section 13-14-3 - Apportionment and distribution to school districts of federal funds receivedby counties under Bankhead-Jones Farm Tenant Act.
13-14-3. Apportionment and distribution to school districts of federal funds received by counties under Bankhead-Jones Farm Tenant Act. All funds that shall be received by the several counties of this state, from the secretary of agriculture of the United States, out of the revenues received by the secretary from the use of land acquired by the United States under the provision of "The Bankhead-Jones Farm Tenant Act" shall be apportioned, by the county commissioners of each county, among the several school districts having children requiring school facilities, according to the acreage of such land in said districts, and upon such apportionment, shall be paid to such school districts by the county treasurers, to be used for school purposes in accordance with the provisions of said federal act.
Source: SL 1939, ch 53; SL 1955, ch 41, ch 10, § 36; SDC Supp 1960, § 15.2236.